$ETH As of May 16, 2025, Ethereum (ETH) is trading in the range of $2,590 to $2,610, depending on the platform. Over the past 24 hours, the price has increased by approximately 1.5%, and over the week—by more than 12%.

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🔍 Current news and events

• Expiration of options worth $3.33 billion: Today, options on Bitcoin and Ethereum worth over $3.33 billion expired, which may cause short-term volatility in the market.

• Large transactions: An unknown investor withdrew 13,800 ETH (about $35 million) from the Coinbase exchange, which may indicate asset accumulation.

• Corporate investments: SRx Health Solutions announced the purchase of Ethereum as part of its treasury diversification.

• Pectra update: A recent Ethereum update called Pectra improved staking capabilities and interaction with layer two solutions, fostering increased trust in the network.