$ETH As of May 11, 2025, Ethereum (ETH) is trading at approximately $2,485.71 USD, reflecting a 2.8% increase over the past 24 hours. In Pakistani Rupees, this equates to around ₨711,895.35, marking a 5.8% rise in the same period.

This surge follows a significant 21% single-day gain earlier in the week, the highest since May 2021, likely driven by renewed investor confidence and Ethereum's recent Pectra network upgrade. The upgrade has bolstered Ethereum's scalability and performance, contributing to its bullish momentum.

With a market capitalization nearing $300 billion, Ethereum maintains its position as the second-largest cryptocurrency. Analysts suggest that if the current trend continues, ETH could approach the $3,000 mark in the near future.