#ETHCrossed2500 Ethereum has officially crossed the $2,500 milestone, briefly touching it before pulling back to the $2,470-$2,480 range. This surge is attributed to several factors ¹ ²:

- *Increased Institutional Interest*: Growing demand from institutions, potentially driven by ETF momentum.

- *Rising DeFi Activity*: Expanding decentralized finance ecosystem contributing to Ethereum's upward trend.

- *Upcoming Upgrades*: Anticipation of Ethereum upgrades, such as the Pectra upgrade, enhancing scalability and user experience.

Analysts predict a potential rise to $2,600 in the coming days, driven by bullish momentum. However, some forecasts suggest a slight decline, with prices possibly dipping to around $2,291 by May 17, 2025. Key resistance levels to watch are around $2,600, with support near $2,300. The current price of Ethereum is $2,505.16, with a 3.63% increase ².