#NewsTrade
12 May 2025 Notable :
Ethereum (ETH) Developments
Current Price: $2,559.37
Intraday Range: $2,452.84 – $2,600.58
Ethereum has surpassed $2,600, with on-chain data indicating that 69 million ETH are now in profit. The recent Pectra upgrade, Ethereum's most significant since the 2022 Merge, aims to enhance transaction speed and cost efficiency.
Futures open interest for Ethereum has surged by 42%, from $21.3 billion to $30.4 billion between May 8 and May 11, reflecting heightened market activity.
