#ETH

🔸Ethereum price jumps 50% weekly, peaking at $2,750 despite a 1.6% daily dip.

🔸ETH derivatives volume hits $121.09B, open interest climbs 4.52% to $32.33B.

🔸Ethereum targets $3,063–$4,201 as it holds key $2,000–$2,200 support zone.

Ethereum price is trading around $2,500, falling over 1.6% in the past 24 hours despite the Ethereum Foundation launch of its network security initiative aimed at supporting trillions of dollars in value on-chain. The new project, called the “Trillion Dollar Security” initiative, was announced on May 14, & is part of Ethereum’s broader effort to become trusted infrastructure for global finance.

According to the Ethereum Foundation, the initiative focuses on making Ethereum secure for large-scale institutional & retail use. Amid this upgrade, analysts are weighing in on Ethereum price potential after holding above the $2,200 support & predict a bullish breakout to $4,200 soon should optimism continue.#Write2Earn