Ethereum Surges 20% to $2,400 on Pectra Upgrade, Eyes $3,000 Mark

Coin WorldSunday, May 11, 2025 1:50 pm ET
2min read

Ethereum's price is anticipated to surge past the $3,000 mark in the coming days, driven by bullish technical signals and a resurgence in altcoin strength. Two ETH tokens, Remittix and Uniswap, are garnering significant investor interest, with projections suggesting potential gains of up to 300%.

Ethereum's recent rally to $2,400 has sparked renewed optimism in the market. This surge, triggered by the Pectra upgrade, marked the sharpest daily rise in over four years, with ETH gaining 20% in a single session. The Pectra upgrade, which merges the Prague and Electra updates, introduces 11 improvements to Ethereum’s ecosystem. These changes aim to enhance network speed, user and staking experiences, and validator operations. Investors and developers have reacted positively, viewing this as Ethereum’s most significant step forward since the 2022 Merge. This upgrade positions the network for better scalability and future institutional adoption.

According to trader Daan Crypto Trades, the rapid pace of this price breakout caught many off guard. While long-term growth past $2,000 was widely expected, the speed at which it happened indicates strong, hidden demand. With Ethereum holding above key support zones, the $3,000 mark looks more likely than ever.

Uniswap, the largest decentralized exchange on Ethereum, continues to shine as Ethereum aims to cross the $3,000 mark. Uniswap enables users to swap ERC-20 tokens and is a crucial player in the ETH ecosystem. Its liquidity pools and a 0.3% reward for providers continue to attract both casual traders and institutional players. With Ethereum gaining momentum from the Pectra upgrade, Uniswap stands ready to benefit from the broader DeFi revival. Technical indicators support this view, with the MACD on UNI's chart showing growing bullish strength. A clean breakout from its descending trendline could push it 100% higher, retesting its December highs. Coinbase’s integration of verified Uniswap pools through Base is also key, as it simplifies access, boosts trust, and widens adoption. As the spotlight returns to DeFi, Uniswap is back on the radar, setting up for a potentially explosive run.

Remittix is positioning itself as the ETH token to watch. Despite being the world leaders in payments, large platforms like

, Stripe and Wise miss one important aspect: crypto-to-fiat conversions with blockchain speed and transparency. This is where Remittix comes in, providing users with a hassle-free method to convert over 40 Cryptocurrencies to fiat and transfer them straight to global banks. Unlike its competitors, Remittix delivers instant settlements, no hidden FX charges and supports over 30 fiat currencies. What makes it even more appealing is how it hides the complexity of crypto from recipients. Transfers land as regular bank deposits, allowing senders full financial freedom without friction. With cross-border payments projected to cross $250 trillion by 2027, Remittix is tapping into one of the world’s most profitable sectors. Built on Ethereum, Remittix takes full advantage of the network’s latest improvements. It also introduces Remittix Pay, an API that lets businesses accept crypto and settle in fiat, giving merchants a powerful payment alternative.

Remittix’s ongoing Gleam campaign, offering $250,000 in rewards, has boosted engagement and awareness. With token sales structured in rising blocks and a proven smart contract audit, Remittix could realistically post 300% gains as demand spikes. The momentum is growing, and this ETH-powered solution might become a go-to bridge between crypto and fiat.