Ethereum (ETH) has recently crossed the 2,500 mark, reaching its highest price since February 2025. This milestone comes amid a broader market rally and renewed investor optimism.
The recent surge in ETH's price is attributed to several factors, including the successful implementation of the Pectra upgrade, which aims to enhance transaction speed and cost efficiency. Additionally, increased accumulation by large holders and positive market sentiment have contributed to the upward momentum.
While the breach of the $2,500 level is a significant achievement, analysts caution that ETH faces resistance at this point. A sustained move above this level could pave the way for further gains, potentially targeting the 3,000 mark.
