$ETH Price Eyes Another 200% Rally as Brazilian Exchange Launches ETH and SOL Futures

Ethereum price soared above $2,400 on Friday, posting its strongest levels since January amid renewed institutional demand and macro tailwinds. Ethereum price prodded above the $2,400 level on Friday, posting another 6% gains as Pectra upgrade success continues to attract fresh ETH investment inflows.

In latest news reports, Brazil-based B3 exchange moves to launch SOL and ETH futures by June 16. Will this propel ETH toward the $3,000 level? Ethereum (ETH) Moves Above $2,400 for the First Time Since January

Ethereum (ETH) price advanced as high as $2,448 during Friday’s trading session, its strongest showing since January 2025. Market data from Coingecko showed a 6.7% 24-hour increase, with Ethereum outperforming Bitcoin on several major spot exchanges.

At press time, ETH finds support at $2,349, up over 40.9% in the past 30 days and 27.5% over the last week, signaling strong short-term momentum. The ETH/BTC pair also gained ground, rising 6.7% to 0.02283 BTC. Ethereum price surged above the $2,400 threshold on Friday, notching a 6.7% daily gain and reaching its highest level in four months. The rally comes amid growing investor optimism after the recent Pectra upgrade and ignited institutional interest in BTC after months of underperforming.

Adding to bullish sentiment, Brazil’s largest stock exchange, has confirmed plans to launch Ethereum and Solana (SOL) futures contracts by June 16.