#ETHMarketWatch As of May 23, 2025, Ethereum (#ETH ) is experiencing significant bullish momentum, with the price currently around $2,666.76 USD. This marks a 4.9% increase from the previous close, reaching an intraday high of $2,721.12.

Key Highlights:

Price Surge: Ethereum has broken past the $2,700 barrier, with a 4.61% daily gain, trading at $2,708.51. This surge is fueled by bullish momentum, with a 24-hour trading volume hitting $28.56 billion.

Technical Indicators: ETH is trading above its 50-day moving average, with the Relative Strength Index (#RSI ) in bullish territory, suggesting continued upward momentum.

Market Sentiment: Analysts point to growing adoption of Ethereum’s Layer-2 solutions and anticipation around upcoming ecosystem upgrades as key drivers. #ETHMarketWatch #BinancelaunchpoolHuma $ETH