As of May 16, 2025, Ethereum (ETH) is trading at approximately $2,620.81, marking a 0.029% increase from the previous close. The intraday high reached $2,644.38, with a low of $2,496.89 .$ETH
This recent surge follows a significant 43.6% rally between May 7 and May 14, propelling ETH to around $2,600 . However, the price experienced a slight pullback of 2.1% over the past 24 hours, settling slightly above $2,500 .$XRP
Analysts remain optimistic, with some projecting that Ethereum could reach new all-time highs of $5,000 in 2025, driven by factors such as AI adoption, spot ETH ETF inflows, and the improvements from the Pectra upgrade .$SOL
Despite the recent pullback, Ethereum's price remains robust, and its future trajectory appears promising, contingent on continued technological advancements and market developments.