🪙 Ethereum ($ETH ) – Market Update for May 28, 2025

Today, Ethereum ($ETH ) is showing a strong upward trend. Its current price is approximately $2,636, reflecting a +3.14% increase over the last 24 hours.

📈 Current Market Overview

Price: $2,636

Daily Increase: +3.14%

24h Trading Volume: $14.9 Billion

Market Cap: ~$220.28 Billion

This surge is driven by renewed institutional interest and improving investor confidence.

🔍 Technical Analysis

According to analysts, $ETH is nearing a breakout above the $3,000 resistance level. If this momentum continues, ETH may soon surpass this milestone.

🛠️ Network Update: Pectra Upgrade

Ethereum recently introduced the Pectra upgrade, including EIP-7251. This raises the staking limit per validator from 32 ETH to 2048 ETH, significantly improving network scalability and efficiency.

📊 Future Outlook

Experts predict that if current trends continue, Ethereum could cross $3,000 in the coming months. Institutional investment and ongoing upgrades could further boost the price and strengthen its position in the crypto market.