India, Aug. 31 -- Ethereum Price Today (31 August): Ethereum is ending August with traders closely watching the $2,500 mark after a powerful recovery pushed ETH sharply higher from its mid-month lows. The cryptocurrency has gained more than 30% from its August low in recent weeks, helped by strong institutional demand, US spot Ethereum ETF inflows and a tightening supply of ETH available on exchanges. Recent market reports show ETH holding around the $2,400-$2,500 region after briefly moving above $2,500.

The rally has turned Ethereum into one of the strongest performers in the major cryptocurrency market during August. However, traders now face an important question: can ETH break decisively above the $2,500-$2,550 resistance zone, or w...