$ETH financeturn0finance0

As of April 11, 2025, Ethereum (ETH) is trading at approximately $1,579, reflecting a modest recovery after recent volatility. Despite a 60% decline since December 2024, investor sentiment shows signs of optimism. Notably, a new wallet acquired 9,610 ETH worth $14.54 million, indicating strong confidence in Ethereum's future citeturn0search1. Additionally, the upcoming Pectra upgrade, aimed at enhancing network scalability, is anticipated to bolster ETH's performance citeturn0search14. Analysts predict a potential price increase to around $2,157.82, contingent on positive market developments citeturn0search3. However, challenges persist, including decreased developer activity and user engagement citeturn0search17. Investors are advised to monitor these factors closely when considering ETH positions.