Ethereum experienced a remarkable price surge of 50%, reaching $2,698 by May 14th, 2025, fueled by increasing optimism surrounding the approval of exchange-traded funds (ETFs). The rally was attributed to both technical improvements and a boost in institutional investment. The implementation of the Pectra upgrade, designed to enhance Ethereum’s scalability and reduce user costs, has played a significant role in this positive development. This surge has also been fueled by the introduction of multiple spot Ethereum ETFs, signaling increased institutional participation in the market. 50% price increase within just one week reflects both improved efficiency and new investment influx, leading to a more vibrant and active network.