#ETHCrossed2500 After months of consolidation under $2,000, Ethereum has officially crossed $2,500, briefly touching the milestone before pulling back to the $2,470–$2,480 range. Bulls say ETH is gearing up for a major run with ETF momentum and rising DeFi activity.
Ethereum's 21% surge on Thursday marked its highest single-day gain since May 2021.
The rally was likely spurred by crypto native investors on the spot market who withdrew a net of 180K ETH from exchanges.
ETH could surge past the $2,500 and $2,850 key levels if its technical indicators on the weekly chart flip bullish.