#2024withBinance Today, May 16, 2025, Ethereum (ETH) is trading around 2,593 USD, recording an increase of approximately 17% compared to the previous week.

🔍 Recent price evolution of ETH

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

⚙️ Impact of the Pectra upgrade

A key factor in this growth has been 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.