🔥Ethereum Market Update
🔹️Current Price: $2,522.57
🔸️Market Cap: $285.89 billion
🔹️24-hour Trading Volume: Recent data shows $1.2 billion in trading volume on Binance
💥Recent Developments
🔹️Pectra Upgrade:
Went live on the mainnet, enhancing user experience, staking efficiency and scalability.
🔸️Price Surge:
21% surge on Thursday, driven by increased buying pressure.
🔹️Whale Activity:
2,281 ETH worth $5.83 million transferred from exchanges, potentially signaling a bullish trend.
💥Price Predictions
🔹️Short-term:
Potential surge past $2,500 and $2,850 key levels if technical indicators flip bullish.
🔸️Mid-term:
Predicted to reach $2,520, driven by bullish momentum and increased adoption.
🔹️Long-term: Potential to reach $3,500 to $12,300 or more, depending on market trends and adoption.