#ETHCrossed2500 As of May 12, 2025, Ethereum (#Ethereum ) is trading at approximately $2,530.38 USD, experiencing a slight decline of 0.57% over the past 24 hours. The price reached an intraday high of $2,561.23 and a low of $2,452.84.
This recent price movement follows Ethereum's breakthrough of the $2,500 resistance level, a significant milestone that has garnered attention in the crypto community. The surge is attributed to renewed investor interest, increased adoption of decentralized finance (DeFi) platforms, and the successful implementation of the #PectraUpgrad which enhanced Ethereum's capabilities and boosted market sentiment.
However, after briefly surpassing $2,500, ETH experienced a pullback, currently stabilizing in the $2,470โ$2,480 range. Analysts suggest that overcoming this resistance level is crucial for Ethereum to maintain its upward trajectory, with potential targets set at $2,654 and beyond. $ETH