As of today, May 14, 2025, Ethereum (ETH) is trading around #$2,607, showing a 5.1% increase in the last 24 hours. The price has fluctuated between \$2,478 and \$2,709.
The rise is driven by several key factors:
Lower-than-expected US inflation data (CPI), which boosted investor sentiment.
Ethereum’s recent "Pectra" upgrade, which improved transaction speed and reduced fees.
Large institutional purchases, including a major \$477 million acquisition over six days.
Analysts are optimistic, with some predicting Ethereum could reach **\$3,000 or more** soon.$ETH #Ethereum #EthereumNews