#ETHCrossed2500 Ethereum's current price is $2,514.14, having crossed the $2,500 mark. This surge is attributed to growing risk appetite following US tariff deals and the recent Pectra upgrade, which improved the Ethereum market's upside outlook.
*Key Factors:*
- *Pectra Upgrade*: Went live on May 7, boosting market sentiment
- *Market Sentiment*: Regulatory and investor sentiment shifted in ETH's favor
- *Staking Cap Increase*: Ether's staking cap rose from 32 to 2,048 ETH, attracting institutional participants
*Market Performance:*
- *Current Price*: $2,514.14
- *24-hour Performance*: Showing a positive trend
- *Long-term Outlook*: Still uncertain, with some analysts predicting a potential rally to $2,700¹ ²#ETHCrossed2500