Ethereum (ETH) accelerates back – Ready for a new wave?
The crypto market is witnessing a strong comeback of Ethereum (ETH) in May 2025, with a series of positive signals from prices, technology to the actions of the development team. ETH is not just a coin but is asserting its role as the "backbone" of Web3.
1. ETH price increases impressively
In May, ETH has increased by over 45%, outperforming both Bitcoin and Solana. The current price is hovering around 2,650 USD, with a "bull flag" technical pattern forming – a signal indicating the potential to continue the upward trend in the near future.
2. Pectra upgrade – A leap in performance
Ethereum is preparing to implement the Pectra upgrade, which includes 11 important improvement proposals (EIPs) aimed at:
Increasing transaction processing speed,
Reducing gas costs,
Enhancing user experience with DApps.
This is the largest upgrade since The Merge (2022), paving the way for stronger scalability.
3. Vitalik proposes a new node model
Vitalik Buterin – the father of Ethereum – recently proposed a new node design to ensure:
Users can access the network without relying on centralized RPC,
Increasing security and censorship resistance – which is especially important in Web3.
4. Whales moving – Warning from Kraken exchange
Jeffrey Wilcke, co-founder of Ethereum, unexpectedly transferred 262 million USD worth of ETH to the Kraken exchange. This move raised concerns in the community about the possibility of dumping, however, it could also just be a portfolio restructuring.
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