#AltcoinSeasonLoading #ЕTH May 10, 2025 Ethereum price is hovering around $2400. It has been on a bullish trend in recent days, but the market is volatile.

Factors that can affect Ethereum price:

* Network Development: Successful implementation of upgrades like Pectra can boost trust and price.

* Market Sentiment: The overall sentiment of the cryptocurrency market, as well as macroeconomic factors, have an impact.

* Application and Adoption: The expansion of Ethereum’s use in decentralized finance (DeFi), non-fungible tokens (NFTs), and other areas can increase demand.

* Regulation: Changes in the regulatory environment can have both positive and negative impacts.

* Competition: The emergence and development of other blockchain platforms can also put pressure on.

I recommend that everyone do their own research before investing🤷‍♂️