Ethereum Tests Major Support at $2,500, Signaling Potential Rally

Ethereum’s price continues to hold strong around the $2,500 level for over five weeks, demonstrating resilience against market volatility. Institutional investors are injecting capital into the network, fueling this support and attracting attention from developers who are focusing on expanding Ethereum’s scalability through upgrades by Vitalik Buterin. This sustained stability is driving interest in DeFi protocols and Layer 2 solutions, potentially leading to a bullish trend.