Ethereum ($ETH )has recently surpassed the $2,000 mark, reflecting a positive trend in its market performance.

However, the Ethereum Foundation has announced plans to discontinue the Holesky testnet by September 30, 2025, due to network stability issues encountered during the Pectra upgrade. The new Hoodi testnet is set to take over testing activities, with activation scheduled for March 26, 2025.

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These developments highlight Ethereum's ongoing efforts to enhance its network infrastructure and address scalability challenges.