Here are the latest developments related to Ethereum (ETH) as of May 21, 2025:
🔧 Technical updates: Pectra upgrade and EIP-4444
Pectra upgrade: This upgrade was recently launched and is considered the most important since 'The Merge' in 2022. The upgrade included 11 proposals for improvements aimed at increasing transaction speed, reducing costs, and enhancing user experience, including raising the staking limit from 32 to 2048 ETH per validator.
EIP-4444: This proposal focuses on reducing storage usage, improving network efficiency, and promoting smart growth.
📈 Market performance and forecasts
Current price: The price of Ethereum ranges between $2400 and $2600, with notable daily fluctuations.
Technical analysis: Technical models indicate a bullish breakout potential towards levels of $3000–3200 in the coming months, supported by increased institutional interest.
Forecast for 2025:
Forecasts range between $5500 and $7200, with some optimistic estimates reaching up to $14,600, especially if Bitcoin surpasses the $200,000 mark.
🧠 Influencing factors
Institutional interest: Increased interest from financial institutions, especially with the potential launch of Ethereum ETFs, contributes to the demand for the currency.
Regulatory environment: Regulatory developments, such as the progress of the stablecoin bill in the U.S. Senate, indicate a clearer environment for digital currencies.
🧾 Summary
Despite challenges, such as weak performance at the beginning of the year, Ethereum shows signs of recovery supported by technical updates and improvements in the regulatory environment. As these trends continue, the currency may witness significant value growth during the remainder of 2025.
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