Ethereum (ETH) is once again in the spotlight, capturing the attention of investors and analysts as it mounts an ambitious climb toward the coveted $5,000 mark.

Since May 8, the second most popular cryptocurrency has gained nearly 48% in value, rising from $1,790 to $2,675. This has revived talk that it could reach record highs this year.

Ethereum Dips Slightly, Momentum Still Strong

The recent surge in prices has mostly been due to hope in the market after BlackRock included a staked Ethereum ETF in a note submitted to the SEC. Even bringing up this asset from the world’s biggest asset manager led to bullish momentum in the crypto market and renewed interest in Ethereum’s ongoing prospects.

Although ETH has gone down a bit since, it’s still heading upward, sparking excitement and talks about its future value. On May 28, X users were told by Javon Marks about a weighty target he set for Price, namely $4,811, which would be an 81% gain over today’s figure.

Ethereum 2025 Surge: Can It Break $5K Barrier?

According to Marks, moving past that level could open the door to go as high as $8,500, because of a technical breakout from a previous resistance zone established in late 2022.

His argument isn’t limited to just Ethereum. He imagines that prolonged growth in ETH may pull up other L1 coins like Solana (SOL), Cardano (ADA), and Avalanche (AVAX), with that inflow benefiting the entire crypto market.

Ethereum 2025 Surge: Can It Break $5K Barrier?

ETH’s Market Share Remains Strong at 9.4%

On the other hand, not every financial expert predicts that everything will go well. There are those who suggest Ethereum may remain in a tight range between $2,400 and $2,900 into the summer and then rise slightly to $3,000-$3,200 by August. Because of these views, people understand that crypto markets are still very volatile and the uncertainty is ongoing.

Ethereum now has a market share of 9.4% in cryptocurrency, with the total crypto market currently evaluating at $3.44 trillion. ETH’s current market cap of $332 billion helps maintain its title as the second-largest cryptocurrency and remain a key driver on the altcoin scene.

Ethereum 2025 Surge: Can It Break $5K Barrier?

Could we see ETH trade at $5,000 in 2025? Whether it happens or not depends on the right balance of technology, macroeconomic backing, and market temperament. Even though Ethereum is gaining ground and institutions are watching, skeptics still remind people that crypto involves higher risk for bigger rewards.