$ETH

Here's the latest update on Ethereum:

*Current Price:* Ethereum's current price is $4,275.60 USD, with a 1.68% increase in the last 24 hours. The market capitalization stands at $516.1 billion, and the 24-hour trading volume is around $36.14 billion.

*Recent Developments:*

- *Trump's Executive Order:* The US president signed an executive order allowing 401(k) retirement plans to invest in digital assets, potentially unlocking $9 trillion in long-term capital for the crypto market.

- *Price Movement:* Ethereum's price surged 5.67% to briefly break $3,900 after the executive order announcement. It has since reached $4,000 for the first time in eight months.

- *Market Trends:* Ether's recent rise is seen as a positive sign for altcoins, with traders showing a "risk-on appetite".

*Upcoming Upgrades:*

- *Pectra Upgrade:* Scheduled for May 7, 2025, this upgrade will enhance EOA wallets with smart contract functionality and increase the max effective balance.

- *Fusaka Upgrade:* Expected in 2025, this upgrade will enable more efficient data availability for rollups and expose consensus layer information to smart contracts ¹ ² ³.

*Other News:*

- *Arthur Hayes' ETH Purchase:* The crypto trader bought back Ethereum at a higher price after selling $8.3 million worth of ETH, stating he won't take profit again.

- *Vitalik Buterin's Net Worth:* Crypto traders expect new all-time highs for Ether, potentially bolstering Buterin's net worth ⁴.