#ETHCrossed2500

Yes, Ethereum (ETH) has recently surpassed the $2,500 mark. As of May 9, 2025, ETH was trading at approximately $2,366, marking a 31% increase in the last 24 hours following the Pectra upgrade .

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The Pectra upgrade, Ethereum's most significant overhaul since the 2022 Merge, aims to enhance transaction speed and cost efficiency. It includes 11 Ethereum Improvement Proposals, increasing the staking cap from 32 to 2,048 ETH per validator, thereby streamlining processes for large stakeholders .

MarketWatch

Despite this milestone, Ethereum's price remains below its all-time high of $4,105.90 reached in November 2021. Analysts suggest that while the Pectra upgrade is a crucial step toward future improvements, it may not immediately boost ETH's price due to competition from faster blockchains and limited institutional interest .

MarketWatch

Looking ahead, Ethereum faces resistance at the $2,513 level. Breaking this barrier could signal further bullish momentum, with some traders eyeing the $3,000 mark as the next significant milestone .

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Ethereum (ETH)

$2,521.34

+$110.44

(+4.58%)

Today

1D

5D

1M

6M

YTD

1Y

5Y

MAX

Sources

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