Draft

In the second week of May 2025, the cryptocurrency market demonstrated significant growth, while Ethereum (ETH) ahead of most assets at the rate of increase in value.

Ethereum growth: key factors

reduction of inflation in USA: Publishing data on the consumer price index (CPI) for April showed a slowdown in inflation up to 2.3%, which is lower than the market expectations. This strengthened the expectations of a decrease in the percentage rates of the Fed, stimulating the growth of interest in risky assets, including cryptocurrencies. 

Technical factors: Ethereum growth was accompanied by an increase in trading volumes and the elimination of short positions, which increased the ascending trend.

expectations of Pectra: the upcoming update of the Ethereum network under the name Pectra causes optimism to improve scalability and reduction commissions.

forecasts and prospects

analysts note that Ethereum can continue to grow, especially if positive macroeconomic dynamics and interest from institutional investors are preserved. Some forecasts indicate the possibility of reaching a level of $ 12,000 by the end of 2025. 

Thus, the current dynamics of Ethereum reflects a combination of favorable macroeconomic conditions, technical factors and expectations from upcoming network updates.