As of June 30, 2025, Ethereum (ETH) is trading at $2,499.79, reflecting a 2.68% increase from the previous close. The price has seen an intraday high of $2,519.97 and a low of $2,424.71.
The Pectra upgrade, activated in May 2025, introduced significant enhancements to Ethereum, including EIP-7702, EIP-7251, and EIP-7691. Despite these advancements, the price has remained below $2,500.
Analyst Cyclop forecasts a bullish trend, predicting a potential rise to $4,000 this summer, citing the Pectra upgrade and increasing adoption. He notes that Ethereum short positions are at all-time highs, and on-chain metrics favor Ethereum's market position. Cyclop has reallocated Bitcoin holdings into Ethereum, with initial profit targets at $3,000, followed by sell orders between $4,000 and $6,000.