An exclusive and detailed update on Ethereum code $ETH (ETH) as of August 3, 2025:
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📈 Current Price Performance
ETH is currently trading at $3,487.96, with a daily fluctuation between $3,371.19 and $3,510.25. This represents a 2.5% increase over the past 24 hours, after surpassing the previous resistance level at $3,500. If the price continues in this direction, it may trend toward levels of $3,800–4,000.
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📊 Technical Analysis and Forecast
Technical analyses suggest that ETH may see a rise to $4,800 if the upward momentum continues, supported by an increase in the number of active wallets and institutional capital inflows. On the other hand, if the price fails to maintain the support level at $3,500, it could trend toward $3,200.
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🔧 Technical and Environmental Developments
Regarding technical developments, Ethereum is preparing to implement significant updates including:
A new consensus algorithm aimed at improving transaction speed and reducing confirmation time.
The Fusaka upgrade scheduled for November 2025, which will enhance scalability and security in the network.
These improvements aim to enhance network performance and more effectively support decentralized applications.
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@Treehouse Official @Caldera Official
