#ETHCrossed2500
Ethereum (ETH) has crossed $2,500 and is moving toward the $4,000 mark, fueled by the recent Pectra upgrade and rising institutional investment. The upgrade includes 11 Ethereum Improvement Proposals (EIPs), notably increasing the staking cap to boost network efficiency. Institutional giants like BlackRock and Fidelity have launched Ethereum ETFs, drawing billions in inflows—BlackRock alone holds $3.5 billion in ETH. These developments have strengthened Ethereum’s position in DeFi, with total value locked hitting $80 billion. Analysts predict ETH may surpass $6,500 in 2025, supported by continued adoption and technological growth. Ethereum’s momentum shows no sign of slowing.
Sources: FT, Coindcx, U.Today#ETHCrossed2500