#ETH Today, May 16, 2025, Ethereum is trading around $2,593, recording an increase of approximately 17% compared to the previous week.

🔍 Recent price evolution

In recent weeks, Ethereum has recorded significant growth, surpassing the $2,600 threshold after rising over 50% from April's lows. This rise has been supported by several factors, including weaker CPI data from the US and increased interest from institutional investors.

⚙️ Impact of the Pectra upgrade

A key factor in this growth was the implementation of the Pectra upgrade, the most significant update to the Ethereum network since the 'Merge' in 2022. This introduced 11 improvement proposals aimed at increasing transaction speeds, reducing costs, and enhancing user experience.