Ethereum $ETH is showing strong bullish momentum today, May 9, 2025, trading at $2,274.56. This marks a significant rebound, with prices climbing from a low of $1,910.27 earlier in the day. The rally follows Ethereum’s successful Pectra upgrade on May 7, which has boosted investor confidence and improved network performance. The intraday high sits at $2,274.56, reflecting rising market optimism. While ETH is still trading about 26% below its value from a year ago, the recent surge signals a potential turnaround. Analysts and traders are watching closely to see if this momentum sustains. Ethereum’s comeback may just be getting started.