Here are the main news regarding Ethereum (ETH) in early May 2025:
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🔧 Pectra upgrade scheduled for May 7
Ethereum is set to deploy the Pectra upgrade on May 7, 2025. This improvement aims to enhance the network's scalability, reduce transaction fees, improve security, and introduce smart accounts. These changes could boost demand for ETH, provided macroeconomic conditions remain favorable.
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📉 Current market performance
Currently, ETH is trading around $1,845, marking a decline of about 45% since the beginning of the year. This underperformance is attributed to capital outflows from Ethereum ETFs and a loss of revenue in the ecosystem. Some analysts predict a slight increase to $1,960 in May, but volatility remains high.
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📅 Ethereum events in May
May is rich in events for the Ethereum community, with conferences and hackathons organized in several cities:
ETH Cinco de Mayo in Mexico City (May 1–4)
ETHDam in Amsterdam (May 9–11)
ETHLisbon in Lisbon (May 9–11)
ETHWomen and ETHToronto in Toronto (May 13)
ETH Dublin in Dublin (May 23–25)
ETHVietnam in Ho Chi Minh City (May 24–25)
ETH Prague, Pragma Prague, and ETHGlobal Prague in Prague (May 27 – June 1)
These events cover topics such as zero-knowledge proofs (ZKP), decentralized autonomous organizations (DAO), sustainability, and privacy.
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🔮 Long-term outlook
Despite current challenges, some analysts believe Ethereum could reach new highs in 2025, potentially exceeding $10,000, depending on institutional adoption and the growth of decentralized finance (DeFi). However, factors such as increased competition and regulatory uncertainties could hinder this progress.
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🧪 Next upgrade: Fusaka
After Pectra, the Fusaka upgrade is scheduled for fall 2025. This upgrade will combine improvements to the consensus layer (Fulu) and the execution layer (Osaka), with ongoing discussions about technical changes such as the Ethereum Object Format (EOF).