As of May 12, 2025, Ethereum $ETH

$ETH has surpassed the $2,500 mark, signaling a potential bullish trend. Currently, ETH is trading at approximately $2,507.74, reflecting a 0.57% increase from the previous close. The day's trading range has seen a low of $2,452.84 and a high of $2,587.64.

This upward movement follows a significant 31% surge after the recent Pectra upgrade, which enhanced Ethereum's scalability and efficiency. The upgrade has renewed investor interest, particularly in decentralized finance (DeFi) platforms and non-fungible token (NFT) projects built on the Ethereum blockchain.

Market analysts are closely watching the $2,500 level, as breaking through this resistance could pave the way$ for ETH to reach $3,000. However, some caution that strong resistance at this level might lead to a short-term pullback.

For a visual representation of Ethereum's recent performance, here's a chart illustrating its price movement: #ETHCrossed2500 #ETHETFsApproved #ETH🔥🔥🔥🔥🔥🔥