Ethereum Price Surge: Holders Profit as ETH Nears $3K Level

Ethereum prices have surged significantly, trading above key technical levels after experiencing a 52% jump to $2,700 between May 7th and May 14th, 2025. This impressive rise was driven by the excitement surrounding the Pectra upgrade. Positive momentum is evident in key indicators such as Ethereum’s trading above its realized price of $1,900 and surpassing the True Market Mean. These developments are essential for maintaining investor confidence in the long term.