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Ethereum’s Meteoric Rise: Market Cap Surpasses Bank of America as Price Soars to $2,727

Ethereum’s Meteoric Rise: Market Cap Surpasses Bank of America as Price Soars to $2,727

Published:
2025-05-23 08:19:00
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Ethereum continues its impressive rally, with its market capitalization now exceeding that of Bank of America. The cryptocurrency’s price has surged to $2,727, a level not seen since February, driven by strong inflows into spot Ether ETFs and growing interest from both retail and institutional investors.

Ethereum’s Market Cap Surpasses Bank of America as Price Hits $2,727

Ethereum’s market value has eclipsed Bank of America’s, reaching $327 billion as its price climbs to $2,727—a level not seen since February. The rally has drawn both retail and institutional investors, fueled by spot Ether ETFs attracting over $100 million in inflows.

In just 15 days, Ethereum’s market cap has surged by $100 billion, rebounding sharply from its recent lows near $1,800. The cryptocurrency now boasts a higher valuation than corporate giants like Nestle, Alibaba, and Coca-Cola.

Analysts point to strong support at $2,370, with ETH trading comfortably above its Realized Price of $1,900 and True Market Mean of $2,400. This signals widespread profitability among holders and reinforces bullish momentum.

Ethereum Hits New Heights with Impressive Price Surge

Ethereum, the largest altcoin, has surged past $2,659, breaking out of a prolonged consolidation phase and temporarily surpassing Bank of America’s market capitalization at $327 billion. Technical indicators point to one of Ethereum’s strongest monthly closes, fueling speculation of a 50% rally ahead.

Whale activity and rising open positions underscore growing institutional confidence. The 200-day moving average is now a critical threshold—a weekly close above this level could signal a sustained bullish trend reversal.

Analysts Predict Ethereum Rebound in Second Half of 2025 Despite Current Sluggish Performance

Ethereum’s price action remains subdued, trading near $2,500 with resistance at $2,700. Yet market observers anticipate a significant rally post-May 2025, driven by LAYER 2 expansion and the Pectra network upgrade.

Technical projections suggest a 2025 trading range of $1,669-$4,905, with potential to test $5,950 in bullish scenarios. The June-August period could see ETH break $3,000 as ecosystem developments gain traction.

Beyond ZK: How Complementary Layers Boost Blockchain Scalability

Ethereum’s Pectra upgrade has spotlighted Layer-2 solutions like ZK-rollups, which process off-chain transactions with speed and security. Yet, questions linger about their sufficiency as Web3 developers explore Layer-3 infrastructure and middleware to address smart contract complexity, proof generation costs, and composability limitations.

Rollups remain indispensable, now augmented by L3s in a synergistic push to solve blockchain’s scalability challenges. The partnership between these layers marks a pivotal evolution in decentralized infrastructure.

|Square

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