#ETHCrossed2500 Ethereumhas surpassed the $2,500 mark, recording a significant 20% surge in 24 hours, driven by the Pectra upgrade that enhanced network scalability and speed.

This rally, the strongest since 2021, was amplified by a short squeeze liquidating $300 million in short positions.

Analysts predict further gains toward $3,000 if the bullish trend continues.