On May 16, 2025, the price of Ethereum (ETH) experienced notable fluctuations, ranging between $2,530 and $2,650, and closed at $2,580, marking an increase of 1.39% from the previous day. This rise was supported by increasing institutional interest, as SRx Health Solutions announced the purchase of Ethereum to enhance its financial strategy. Additionally, forecasts indicate the possibility of the price reaching $3,000 if technical support continues at the $2,438 level. These developments show growing interest in Ethereum from investors, reinforcing its position in the cryptocurrency market.
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