$ETH Ethereum (ETH) has surged over 40% in May 2025, outperforming Bitcoin and Solana, fueled by the successful Pectra upgrade, which enhanced scalability and staking flexibility. Currently trading around $2,592, ETH is approaching key resistance levels at $2,700 and $2,900. Analysts suggest that if bullish momentum continues, ETH could reach $5,000 by year-end, driven by factors like AI adoption and potential spot ETH ETF inflows. However, increased selling by long-term holders and technical indicators point to possible short-term corrections. Despite these challenges, Ethereum’s dominance in decentralized applications and smart contracts underscores its long-term growth potential.