Ethereum Stakers Enter Profit Zone as Price Climbs Above $2,400

Summary

Ethereum has experienced a 38.2% price increase over the past week, trading above $2,400 and narrowing the gap to its all-time high of $4,878 from 2021. This surge aligns with a broader crypto market rally and reflects renewed market confidence. Ethereum stakers have returned to unrealized profits after a period of losses, with the Realized Price at $2,276 compared to the market price of $2,297 on May 9, 2025. This profitability may reduce selling pressure and strengthen the resolve of validators and long-term holders. The shift could encourage new staking activity and stabilize the market supply. Institutions and Layer 2 protocol participants may view this trend as a positive indicator for Ethereum's future.