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ETHUSDEthereum
2,330
-1.66%
52W HIGH: -53.0% away52W LOW: 33.2% awayDATE: 2026-05-11
SUPPORT:22802200
RESISTANCE:23702450
Past
What happened
ETH dropped 1.7% to $2,330, underperforming BTC again. Solana developer share jumped to 23% at Ethereum's expense per a new ecosystem report.
Why
Why it matters
Ethereum's developer exodus narrative is weighing on sentiment. ETH/BTC ratio keeps grinding lower as capital flows to faster L1s and BTC ETFs.
Watch
What to watch
$2,280 support is critical — it's held three times since April. Break below targets $2,200. Pectra upgrade timeline updates could shift sentiment.
HEADLINES