#ETH突破2500 PANews May 11 news, OKX market shows that ETH has just broken through $2500, currently reported at $2504.84 per coin, with a daily increase of 2.95%.
This ETH breakthrough of $2500 is mainly influenced by the recent Ethereum Pectra upgrade and favorable macroeconomic factors. On May 7, Ethereum successfully implemented the Pectra upgrade, introducing a higher staking cap, account abstraction (EIP - 7702), and other key improvements that enhanced the network's usability and flexibility, boosting investor confidence. At the same time, the signing of a new trade agreement between the US and the UK and the resumption of Sino-US trade talks have improved market risk appetite, creating a positive atmosphere for crypto assets. Additionally, addresses holding more than 10,000 ETH have continuously increased their holdings since late April, signaling strong bullish expectations.
However, the cryptocurrency market is highly uncertain and risky, with significant price volatility, so investors need to make cautious decisions.