#ETHCrossed2500 On May 11, 2025, Ethereum (ETH) crossed the \$2,500 mark, reaching an intraday high of \$2,587.64 before settling around \$2,488. This milestone follows an 80% surge from its yearly low, driven by positive market sentiment and increased institutional interest. Analysts attribute this rally to factors such as the successful Pectra upgrade, which enhanced smart contract functionality, and significant ETH accumulation by investors. Technical indicators suggest that if ETH maintains support above \$2,500, it could target the \$3,000 level in the near term. However, traders are advised to monitor resistance levels and market volatility closely. ([Blockchain News][1])
