What is behind the ETH rally?

After months of decline and domination of bear feelings, the price of Ethereum is restoring the bullish momentum. The market collapsed with a Trump tariff accident and other united macroeconomic events, causing fear among investors. Now the crypto market is recovering, and the ETH rally is a genuine example, with a more than 60% rise in April's plane crash. Interestingly, the experts provide for an additional rally, given the bullish factors. Let's discuss.
The price of Ethereum rises by 60%
In the middle of April, Donald Trump's tariff announcement was a major decline in the middle of the Crypto Market. As a result, the price of Ethereum fell to the lowest level of two years to $ 1472. Consolidation persisted during the days before the onset, resulting in 60% recovery.
Currently, ETH trades for $ 2,370, marking a 5% increase in the last 24 hours and 30% in the week. In addition, its market capitalization is $ 286.19 billion and trading volume of $ 39.44 B. Coinglass Reports Also add traders' bullish perspective to Altcoin as they contribute to the long term.
However, the number of liquidation is also high, signals high volatility.
Ethereum price rally: the main reasons why it is bullish
Although the broader recovery of the cryptocurrency is the direct cause of the ETH price rally, there are still them. Wider recovery is due to changing feelings of investors influenced by the new US-UK trade transaction.
In addition, Coingape recently announced a significant decline in Bitcoin dominance, providing the possibility of altcoins like Ethereum and others to shine. Remember that the pectra upgrade of the Ethereum network is now lively, offering the ecosystem a variety of benefits.
Connecting points: Why the whales were the front of the front of
1. The Pectra version update (May 2025) increased the maximum stake per validator by 32 ETH from ETH from 2,048 ETH (EIP-7251), giving the efficiency and better yield mechanics of the whales.
2. EIB-7002 also enables the filling layer … pic.twitter.com/98yavkohw6
– Chris Park (@chrispark_ic) May 10, 2025
Demand for Ethereum is at the peak in the current market. Recently, World Liberty Financial bought ETH for $ 3.5 million and Blackrock witnessed ETH ETF, offering it to jump.
If the ETH price continues its rise and spoils the key to $ 2,500, it could achieve new ups.
Frequent questions (FAQ)
The price of Ethereum fell to the 2-year-old at the lowest level of Macroeconomic factors affecting the feelings of Trump's tariffs and other investors.
Ethereum Pectra Upgrade is the main improvement, introducing 11 important EIPs that are useful to the network.
Ethereum's price rally now depends on the main obstacle of $ 2,500. If ETH crosses it, the tide could continue.
Obligations: The content presented may include the author's personal opinion and is subject to market conditions. Do your market research before investing in cryptocurrency. The author or publication is not responsible for your personal financial loss.
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