🚀 The Pectra update is now live on the Ethereum network — Is ETH on its way to $2,000?
💡 Yesterday, the long-awaited Pectra update launched, and it is already impacting the market:
🔥 The circulating supply of ETH has decreased to 120.69 million ETH — a minimum in 18 days
📈 The number of active addresses reached a 30-day high: 474,044
💨 The rate of ETH burning is at its highest since early May
📊 Update:
Increases validator limits (up to 2,048 ETH)
Improves efficiency
Supports smart wallets
📉 What does this mean for the price?
ETH has already broken the level of $1,872
If it holds — the target is $2,000 → $2,235
If not — a pullback to $1,744 or even $1,564 is possible
⚙️ The network is burning, activity is rising, supply is falling. Everything is going according to the bullish scenario. ETH is back in the game.
💬 What do you think, will ETH break $2K in the coming days? Or are we in for a pullback?
