#ETHMarketWatch As of May 24, 2025, Ethereum (ETH) is trading at approximately $2,550.68 USD, reflecting a slight decrease of 0.5% over the past 24 hours.
Despite this minor dip, Ethereum has experienced a notable 44% increase over the past month, indicating strong bullish momentum. Analysts are optimistic, with some forecasting a potential rise to $3,000 in the near term, provided ETH can overcome resistance around the $2,750 level.
Contributing to this positive outlook are significant inflows into Ethereum-focused ETFs, which, alongside Bitcoin ETFs, attracted over $1 billion in a single day—marking the highest combined daily inflow since January. Additionally, the upcoming Pectra upgrade is anticipated to enhance staking flexibility, potentially boosting investor confidence and network participation.