Ethereum (ETH) Market Update – May 17, 2025

ETH is currently trading at $2,484, down 5.28% in the last 24 hours but still +3% over the past week.

Key Highlights:

Market Cap: ~$300 Billion

24h Volume: $21.4 Billion

Support Level: ~$2,300

Resistance Level: ~$2,400

After rallying 40% since April, Ethereum is showing signs of stabilization. On-chain activity is rising and long-term sentiment remains bullish!

Is ETH preparing for another breakout?

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