Ethereum has shown remarkable resilience following a price drop below $1,900 earlier this month, and recent trends suggest a potential rally toward $2,500.

With a total value locked (TVL) of $52.5 billion, Ethereum significantly outpaces Solana, which has a TVL of $7 billion, and has seen a 10% growth in deposits recently.

In the Real World Asset (RWA) market, Ethereum holds over 80% market share, gaining traction as the BlackRock BUILD fund surpassed $1.5 billion in capitalization.

Key support levels for Ethereum include the $1,886 to $1,944 range, where over 3 million investors hold 6.12 million ETH, while resistance is noted between $2,250 and $2,610.

Historically, Ethereum tends to perform well in Q2, having closed the second quarter in red only twice in its history.

Despite this, Ether has underperformed the altcoin market by 14% over the past 30 days, prompting traders to seek factors that could lead to a trend reversal.

As of March 25, 2025, Ethereum is trading at $2,090, reflecting a daily increase of 4.3% and indicating a recovery from recent lows.

The cryptocurrency bounced back to the $2,000 support level, reaching a two-week high of $2,104 on March 24, 2025.

Looking ahead, the upcoming Pectra network upgrade, scheduled for late April or early June 2025, aims to enhance Ethereum's scalability and user experience.

This upgrade will introduce smart accounts that improve wallet functionality, including features like gas fee sponsorship and batch transactions.

Ethereum continues to lead the smart contract market and is the only altcoin with a spot ETF in the US, currently managing $8.9 billion in assets.

To reclaim its Macro Range, Ethereum must recover from its current position, as it is down 37.46% from its 2025 opening and facing its worst Q1 performance in seven years.