#ETHCrossed2500 🚀 **Ethereum surpasses $2,500!**
After the successful implementation of the Pectra upgrade, Ethereum (ETH) recorded an increase of approximately 40% in the last week, surpassing the $2,500 mark. This movement was driven by improvements in the network's scalability and a significant increase in institutional interest. With the removal of around 38,000 ETH from circulation, deflationary pressure contributed to this appreciation.
Moreover, activity on the Ethereum network showed signs of recovery, with a 41% increase in Total Value Locked (TVL) and a 22% growth in daily transactions, indicating a strengthening of the DeFi ecosystem.
With these developments, analysts are optimistic about the possibility of ETH reaching new heights, with projections pointing towards continued appreciation in the medium and long term.
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