As of May 21, 2025, Ethereum (ETH) is trading in the range of $2,520–$2,570. Over the last 24 hours, the price has changed slightly, remaining relatively stable. The trading volume is around $24 billion, and the market capitalization is approximately $305 billion.

Current Market Situation

• Technical Analysis: On the daily chart, ETH is forming a 'bull flag' pattern, which may indicate potential growth to $3,600 provided support remains above $2,260.

• Institutional Investments: Funds and large investors continue to build positions in Ethereum. For example, BTCS Inc. acquired 3,450 ETH for $8.42 million, increasing its total holdings to 12,500 ETH.

Ecosystem News

• Vitalik Buterin's Proposal: The co-founder of Ethereum suggested simplifying the launch of network nodes, which could enhance the decentralization and accessibility of the network.

• Future Predictions: Some analysts expect that under favorable conditions, the price of ETH could reach $4,750 by the end of the year.

Conclusion

Ethereum demonstrates resilience amid market volatility. Technical indicators and institutional interest suggest potential for further growth.#CryptoAdoption $ETH