On May 11, 2025, the cryptocurrency market experienced significant movement. According to data from OKX, the price of ETH successfully broke through the $2500 mark, reported at $2504.84 per coin, with a daily increase of 2.95%. The market report from CoinWorld showed that its 24-hour increase was as high as 7.176%. This breakthrough instantly ignited market enthusiasm, attracting the attention of many investors. The breakthrough of ETH this time is the result of multiple factors working together. Global attention on decentralized finance (DeFi) and the non-fungible token (NFT) market continues to rise, leading to a reevaluation of Ethereum's value, with a large influx of funds into the related ecosystem driving up ETH demand. Additionally, the strong breakthrough in Bitcoin's price has boosted the overall risk appetite in the cryptocurrency market, causing ETH, as the second-largest cryptocurrency, to rise accordingly. Although blockchain data platform Santiment pointed out that Ethereum's social sentiment is at a new low for the year, some investors see this as an opportunity for a rebound. If ETH can stabilize above $2500 in subsequent trading sessions, the market generally expects it to aim for $2600, further expanding its upward potential and providing investors with more opportunities for speculation.