$ETH

Ethereum (ETH) experienced a significant surge, breaking through $2,500 and reaching $2,604, the highest so far in 2025. This increase was driven by a technical breakout, the Pectra network upgrade, and growing institutional interest. One important indicator is the inflow into Ethereum ETFs, which reached $17.6 million on May 9, indicating large investor confidence in ETH's future.

On the other hand, the activity of Ethereum-based meme tokens such as PEPE and FLOKI has sharply increased, showing a surge in retail participation and potential market volatility. The Ethereum Foundation has also allocated more than $32 million for post-quantum cryptographic research and Zero-Knowledge solutions, strengthening the foundations for long-term security.

Analysts like Ted Pillows predict that ETH prices could reach $12,000 by the end of 2025, driven by institutional adoption, DeFi dominance, and increasingly clear crypto regulations. However, the recent price correction indicates selling pressure, especially from long-term holders who are starting to capitulate. Nevertheless, many analysts view this as a signal of a trend reversal that could pave the way for a new rally.

Overall, Ethereum shows strong momentum with solid technical and fundamental support heading into the second half of 2025.