$ETH As of May 11, 2025, Ethereum (ETH) is trading at approximately $2,481.94 USD, reflecting a 4.21% increase from the previous close. The day’s trading range has seen lows around $2,372.30 and highs near $2,587.64.

Ethereum’s market capitalization stands at about $287.01 billion USD, up from $270.10 billion the previous day, marking a 6.26% increase. 

The recent price surge is attributed to several factors:

• Technical Breakout: Ethereum has broken through key resistance levels, indicating a potential bullish trend.

• Institutional Interest: Increased accumulation by large holders and growing institutional interest have contributed to the upward momentum.

• Regulatory Developments: Positive legal developments and discussions about Ethereum’s potential inclusion in state-level crypto reserves have bolstered investor confidence.

Analysts suggest that if Ethereum maintains its current momentum, it could target the $2,800 to $3,200 range in the near term. 

However, it’s important to note that Ethereum is still trading below its all-time high of $4,891.70, and market volatility remains a factor.

If you’d like a more detailed technical analysis or information on Ethereum’s potential future developments, feel free to ask!