The price of Ethereum (ETH) has surpassed the $2,500 level this weekend, marking an important milestone in the ongoing bullish trend. This increase was driven by several factors, including network upgrades and institutional investor interest. 

Factors Driving Price Increase:

1. Pectra Upgrade: The Ethereum network update known as Pectra has been successfully launched, improving the efficiency and scalability of the network. This triggered a 31% surge in ETH price within 24 hours, reaching the highest level in the last two months.  

2. Institutional Investor Interest: Data shows an increase in activity from institutional investors, with over 180,000 ETH withdrawn from exchanges in the last 24 hours, indicating accumulation by major market players. 

3. Positive Market Sentiment: The rise in ETH price is also supported by positive market sentiment, with the ADX index reaching 25, indicating a strengthening trend. 

Challenges and Future Prospects:

Although ETH has surpassed $2,500, challenges remain. Selling pressure from investors taking profits may hinder further upward momentum. However, if ETH can maintain this level and break through the next resistance around $2,600, analysts predict potential gains towards $3,000 in the near future.   

Overall, the breakthrough of the $2,500 level by Ethereum reflects strong positive momentum, supported by fundamental and technical factors. However, investors are advised to remain vigilant against market volatility and monitor further developments.#ETHCrossed2500