$ETH
As of May 11, 2025, the price of Ethereum (ETH) is fluctuating around $2,480, equivalent to approximately 65.5 million Vietnamese Dong (VND). In the past 24 hours, ETH has increased by about 2%, continuing a strong upward trend over the past week with a gain of over 35%.
This upward momentum is driven by positive market sentiment and significant capital flowing into the cryptocurrency market. Investors are optimistic about upcoming upgrades to Ethereum, particularly the transition to a Proof-of-Stake consensus mechanism, which aims to improve performance and reduce energy consumption.
However, analysts warn that ETH is approaching key resistance levels at $2,700 and $3,000. Breaking through these levels will require additional momentum from the market and supportive technical factors.
With the current trend, Ethereum is attracting the attention of both individual and institutional investors. If the positive trend continues, ETH may be headed toward higher price levels in the near future.