About This Trend
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications. It is the largest altcoin by market capitalization and the second-largest cryptocurrency by market value after Bitcoin.
Ethereum is currently trending due to its price surge in May 2025, reaching a nearly 50% increase, and reclaiming the $2600 level as support. Additionally, discussions around its decoupling from Bitcoin and its potential to retest key resistance levels have further fueled its prominence in the crypto market.