#ETHCrossed2500 Ethereum (ETH) has recently crossed the $2,500 mark, reaching an intraday high of $2,587.64. As of now, it's trading at approximately $2,469.07, reflecting a slight pullback from its peak.

This surge represents an impressive 80% increase from its April low of $1,388. Key factors contributing to this rally include the successful implementation of the Pectra upgrade, which enhances Ethereum's scalability and staking efficiency, and a significant reduction in ETH exchange reserves, indicating strong accumulation by long-term holders .

Technical indicators suggest that Ethereum may continue its upward trajectory, with analysts pointing to potential resistance levels at $2,850 and $3,000. However, as with all investments, it's essential to stay informed and consider potential market fluctuations.