$ETH Ethereum's latest updates showcase its growing momentum. Here are some key developments¹ ² ³:
- *Scaling Plans*: Vitalik Buterin's 10x Layer 1 scaling plan aims to boost Ethereum's capacity by 2026, enhancing transaction efficiency and reducing costs.
- *Pectra Upgrade*: Scheduled for May 2025, this upgrade will introduce several improvements, including increased blob capacity, reduced transaction costs, and enhanced smart contract functionality.
- *Institutional Investment*: SharpLink Gaming's $25.72 million private OTC deal with the Ethereum Foundation, purchasing 10,000 ETH, demonstrates growing institutional confidence.$ETH
- *Market Performance*: Ethereum's price has surged, reaching $3,000, with a 9% increase in the last five days, outperforming most altcoins.
- *ETF Inflows*: US spot ETH ETFs saw significant inflows, with $383.1 million in a single day, indicating strong demand and absorption of supply.
These developments highlight Ethereum's resilience and adaptability in a competitive blockchain environment, positioning it for potential long-term growth.
