$ETH

As of May 16, 2025, Ethereum (ETH) is showing steady growth, trading between $2,570 and $2,600. The Pectra network upgrade, aimed at scalability and reducing transaction costs, has significantly enhanced investor confidence. Since the beginning of the month, ETH has risen by more than 43%, outperforming Bitcoin in terms of profitability dynamics. This has intensified capital inflow from institutions, including $13 million in investments in Ethereum-ETF over the past week.

At the same time, there is active profit-taking: according to Santiment, in recent days, investors have realized profits amounting to over $1.5 billion, temporarily lowering the price to $2,500. Technical analysis indicates support at $2,438 and resistance at $2,617. In case of a breakthrough, the path to $3,000 will open.

Additionally, Mastercard has announced an expansion of support for stablecoins, particularly USDC, which facilitates the integration of ETH into traditional payment systems. Analysts predict that if the positive dynamics continue, ETH could reach $5,000 by the end of the year.