#ETHUpdate

Here's the latest update on Ethereum (ETH) as of May 10, 2025:

Ethereum has experienced a significant surge, reaching a price of $2,332.31, marking a 6.19% increase from the previous close. The day's trading range spanned from a low of $2,195.82 to a high of $2,456.64.

This upward momentum is attributed to increased institutional interest and positive market sentiment. Notably, a crypto whale deposited $8.58 million USDC into Hyperliquid, indicating strong bullish sentiment for Ethereum .

Analysts are optimistic, with some projecting Ethereum could reach between $8,000 and $10,000 by the end of 2025, driven by factors like the transition to proof-of-stake and growing adoption in decentralized finance .

Image Source: The Coin Republic

Let me know if you'd like more details on Ethereum's market trends or investment strategies.