Developers $ETH launched the Pectra hard fork in a new testnet. The previous one — Holesky — will cease operations in September 2025. The mainnet update is expected in one to three months.
Moreover, analysts have predicted a potential rise in Ethereum by 65% from its "cyclical bottom," expecting that within two months the asset could reach the $3400 level. They note that currently, the coin is testing an important support zone, which could act as a catalyst for further growth.
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