Can Ethereum Price Cross $2,000 in May 2025?
The post Can Ethereum Price Cross $2,000 in May 2025? appeared on BitcoinEthereumNews.com. After a relatively flat April marked by decreased network demand and sideways price action, the second-largest cryptocurrency, Ethereum (ETH), may be positioned for a shift. ETH holders are optimistic about May. This optimism is fueled by strengthening fundamentals, the anticipated Pectra upgrade, and renewed interest from institutional investors through spot ETH exchange-traded funds (ETFs). ETH Struggled in April, but May Brings a Glimmer of Hope In April, on-chain data showed a dip in user activity across the Ethereum network, while broader market stagnation kept ETH trading below key resistance levels. According to Artemis, during the 30-day period, user demand for Ethereum plummeted, leading to a decline in the number of active addresses, daily transaction count, and consequently, its network fees and revenue. This and the broader market downturn impacted ETH’s performance, causing the leading altcoin’s price to remain below the $2,000 mark throughout April. However, in an interview with BeInCrypto, Gabriel Halm, a research analyst at IntoTheBlock, said that ETH’s price could break above the $2,000 price mark in May and stabilize above it. For Halm, the improved capital inflows into ETH spot ETFs, Ethereum’s dominance in the coin’s decentralized finance (DeFi) vertical, and its upcoming Pectra upgrade could help bring this to fruition. ETF Inflows, DeFi Dominance, and Pectra: Triple Boost for Ethereum in May According to SosoValue, monthly net inflows into ETH ETFs totaled $66.25 million in April, signaling a shift in market sentiment compared to the $403.37 million in net outflows recorded in March. Total Ethereum Spot ETF Net Inflow. Source: SosoValue This reversal from heavy outflows to modest inflows suggests that investor confidence in the altcoin is gradually returning. It indicates that institutional players may be positioning for a longer-term rebound, especially as Ethereum’s network fundamentals begin to improve, one of which is its climbing dominance…
The post Can Ethereum Price Cross $2,000 in May 2025? appeared on BitcoinEthereumNews.com.
After a relatively flat April marked by decreased network demand and sideways price action, the second-largest cryptocurrency, Ethereum (ETH), may be positioned for a shift. ETH holders are optimistic about May. This optimism is fueled by strengthening fundamentals, the anticipated Pectra upgrade, and renewed interest from institutional investors through spot ETH exchange-traded funds (ETFs). ETH Struggled in April, but May Brings a Glimmer of Hope In April, on-chain data showed a dip in user activity across the Ethereum network, while broader market stagnation kept ETH trading below key resistance levels. According to Artemis, during the 30-day period, user demand for Ethereum plummeted, leading to a decline in the number of active addresses, daily transaction count, and consequently, its network fees and revenue. This and the broader market downturn impacted ETH’s performance, causing the leading altcoin’s price to remain below the $2,000 mark throughout April. However, in an interview with BeInCrypto, Gabriel Halm, a research analyst at IntoTheBlock, said that ETH’s price could break above the $2,000 price mark in May and stabilize above it. For Halm, the improved capital inflows into ETH spot ETFs, Ethereum’s dominance in the coin’s decentralized finance (DeFi) vertical, and its upcoming Pectra upgrade could help bring this to fruition. ETF Inflows, DeFi Dominance, and Pectra: Triple Boost for Ethereum in May According to SosoValue, monthly net inflows into ETH ETFs totaled $66.25 million in April, signaling a shift in market sentiment compared to the $403.37 million in net outflows recorded in March. Total Ethereum Spot ETF Net Inflow. Source: SosoValue This reversal from heavy outflows to modest inflows suggests that investor confidence in the altcoin is gradually returning. It indicates that institutional players may be positioning for a longer-term rebound, especially as Ethereum’s network fundamentals begin to improve, one of which is its climbing dominance…
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