#ETHCrossed2500 As of May 11, 2025, Ethereum #Ethereum (ETH) has surpassed the $2,500 mark, trading at approximately $2,522.24. This represents a significant gain of over 6% in the past 24 hours, with the price reaching an intraday high of $2,587.64.

The recent surge in ETH's price is attributed to several factors:

Pectra Upgrade: Ethereum#Ethereum experienced a substantial 31% rally following the successful implementation of the Pectra upgrade, marking its largest single-day gain since 2021.

Technical Breakout: Analysts have noted that ETH has broken out of a multi-month downtrend, with technical indicators suggesting a potential move toward the $3,000 level.

Market Sentiment: The overall bullish sentiment in the cryptocurrency market has contributed to ETH's upward momentum, as investors anticipate further gains.

However, it's important to note that ETH#ETHCrossed2500 faces significant resistance at the $2,500 level. Sustaining prices above this threshold will be crucial for continued upward movement.

In summary, Ethereum's recent performance indicates strong bullish momentum, but investors should remain cautious of potential resistance levels that could impact future price movements. #Ethereum