$ETH May 16, 2025, Ethereum (ETH) is trading at approximately $2,606.54, reflecting a modest increase of about 1.77% over the past 24 hours. The cryptocurrency's price has fluctuated between an intraday low of $2,496.89 and a high of $2,631.38.

Ethereum's market capitalization stands at around $314.68 billion, maintaining its position as the second-largest cryptocurrency by market cap. The 24-hour trading volume is approximately $25.69 billion, indicating robust market activity.

Recent developments, such as the Pectra upgrade, have contributed to Ethereum's price surge, with the market cap increasing by 42% in just five days. Analysts suggest that factors like AI adoption, spot ETH ETF inflows, and the improvements from the Pectra upgrade could drive Ethereum's price toward $5,000 in 2025.