Ethereum (ETH) has recently crossed the $2500 mark, signaling a strong bullish trend in the cryptocurrency market. This surge follows a period of consolidation below $2000. On May 10, 2025, ETH reached a high of approximately ₹2,13,820 in INR and $2594.80 in USD.
This upward momentum is supported by a significant increase in trading volume and market capitalization. The 24-hour trading volume for Ethereum is around $31-38 Billion, and its market capitalization stands at approximately $300-307 Billion. This places Ethereum as the second-largest cryptocurrency by market cap.
While some analysts predict further gains towards the $2680 level, others caution about potential short-term pullbacks due to resistance at $2500. Overall, the current sentiment around Ethereum is positive, contributing to the broader rally in the altcoin market.