As of May 11, 2025, Ethereum (ETH) has successfully broken the psychological barrier of $2,500 and is trading at $2,535.64. The main driver of this increase was the implementation of the long-awaited Pectra upgrade, which significantly improved the efficiency and security of the Ethereum network. The market reaction was swift: the price of ETH rose by 31% in just 24 hours — the largest daily increase since 2021.