![\"Can](\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/05\/Can-Ethereum-Price-Surge-to-5000-as-Staking-Inflows-Jump-by-811M.webp\")
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Ethereum price prodded above the $2,400 level on Friday, posting another 6% gains as Pectra upgrade success continues to attract fresh ETH investment inflows. <\/span><\/p>\n In latest news reports, Brazil-based B3 exchange moves to launch SOL and ETH futures by June 16. Will this propel ETH toward the $3,000 level?<\/span><\/p>\n Ethereum (ETH) price advanced as high as $2,448 during Friday\u2019s trading session, its strongest showing since January 2025. Market data from Coingecko<\/a> showed a 6.7% 24-hour increase, with Ethereum outperforming Bitcoin on several major spot exchanges.<\/p>\n At press time, ETH finds support at $2,349, up over 40.9% in the past 30 days and 27.5% over the last week, signaling strong short-term momentum. The ETH\/BTC pair also gained ground, rising 6.7% to 0.02283 BTC.<\/p>\n Ethereum price surged above the $2,400 threshold on Friday, notching a 6.7% daily gain and reaching its highest level in four months. The rally comes amid growing investor optimism after the recent Pectra upgrade<\/a> and ignited institutional interest in BTC after months of underperforming.<\/p>\n Adding to bullish sentiment, Brazil\u2019s largest stock exchange, has\u00a0confirmed plans to launch Ethereum and Solana (SOL) futures contracts by June 16.<\/p>\n Brazil\u2019s B3 exchange, the largest in Latin America, announced<\/a> it will list Ethereum (ETH) and Solana (SOL) futures by mid-June. The move marks a major expansion of crypto derivatives in the region and could serve as a blueprint for other Latin American financial hubs.<\/p>\n The B3 futures contracts will be cash-settled and follow similar specifications to CME\u2019s ETH derivatives. By enabling local funds and high-net-worth investors to gain regulated exposure to ETH action, the exchange aims to capture rising institutional demand within the Latin America region.<\/p>\n The ETH price rally also aligns with improving macro sentiment, as U.S. rate cut expectations and rising stablecoin supply across Ethereum DeFi protocols point toward steady inflows.<\/p>\n Ethereum price forecast today<\/a> signals a falling wedge pattern hinting at a potential breakout above $3,000.<\/p>\n After closing two consecutive sessions above both the 50-day EMA at $1,901 and the 100-day EMA at $2,123, Ethereum price has now breached the wedge\u2019s upper resistance with a convincing high-volume rally.<\/p>\n This move confirms bullish momentum, supported by the significant volume spike visible in the delta histogram, indicating institutional interest and strong accumulation at breakout levels.<\/p>\n \u00a0If ETH holds the $2,120 zone over the weekend, another leg-up towards $2,500 remains probable, particularly if risk-on sentiment holds across global financial markets as observed in the past week.<\/p>\n Conversely, if ETH price<\/a> retreats, below $2,100 accompanied by high volume sell-orders, it could invalidate the bullish thesis and potential open doors to deeper correction towards the next key support level at $1,950.<\/p>\n The post Ethereum Price Eyes Another 200% Rally as Brazilian Exchange Launches ETH and SOL Futures<\/a> appeared first on CoinGape<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Ethereum price prodded above the $2,400 level on Friday, posting another 6% gains as Pectra upgrade success continues to attract fresh ETH investment inflows. In latest news reports, Brazil-based B3 exchange moves to launch SOL and ETH futures by June 16. Will this propel ETH toward the $3,000 level? Ethereum (ETH) Moves Above $2,400 for […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-391675","post","type-post","status-publish","format-standard","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/391675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=391675"}],"version-history":[{"count":0,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/391675\/revisions"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=391675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=391675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=391675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Ethereum (ETH) Moves Above $2,400 for the First Time Since January<\/strong><\/h2>\n
![\"Ethereum](\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-10-at-1.46.57-AM.png\")
Brazil\u2019s B3 Exchange to Launch ETH and SOL Futures by June 16<\/strong><\/h2>\n
Ethereum Price Forecast Today: Falling Wedge Pattern Signals $3,000 Target<\/h2>\n
![\"Ethereum](\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-10-at-2.05.54-AM.png\")