Absolutely! Here's an updated and personalized Ethereum (ETH) market recap for May 17, 2025, along with a relevant chart:

Ethereum $ETH Market Update – May 17, 2025

$ETH TH is showing strength again! As of today, it's trading around $2,590 and has just pushed past the $2,600 mark. This recent move seems to be driven more by short covering than fresh institutional money—something CF Benchmarks CEO Sui Chung pointed out. Also, a significant transfer of 24,496 $ETH (roughly $63.8 million) was flagged by Whale Alert, indicating notable market activity. On the tech side, Starknet, an Ethereum Layer 2 scaling solution, has advanced to 'Stage 1' decentralization, marking progress in Ethereum's scalability efforts. Things are heating up!