#ETHCrossed2500
Ethereum's current price is $2,487.30, with a 0.33% decrease over the last day. While it hasn't crossed $2,500 yet, it's close. Here are some key points about Ethereum's performance:
- *Current Price*: $2,487.30
- *Market Cap*: $290.46 billion
- *Recent High*: $2,608.13
- *Recent Low*: $2,435.51
- *Percent Change*: -0.33%
Some experts believe Ethereum's price will continue to rise, driven by factors like ¹:
- *Pectra Upgrade*: The upgrade went live on the mainnet on May 7, potentially contributing to Ethereum's price increase.
- *Bullish Trend*: Analysts predict a potential surge to $2,700, marking the end of a relief rally.
- *Market Sentiment*: Ethereum's price has bounced 60% since its April lows, crossing $2,000 and showing a bullish trend reversal.
However, the long-term outlook remains bearish, with some predicting a new all-time high might not be reached this cycle ¹.