Ethereum (ETH) Update – April 14, 2025

Current Price: ~$1,633.64 USD

24h Change: +1.15%

Intraday High/Low: $1,645.74 / $1,572.04

Key News:

Pectra Upgrade:

Scheduled for May 7, 2025, the "Pectra" upgrade is aimed at improving scalability and efficiency on the Ethereum network.

Market Performance:

ETH saw a 45% drop in Q1 2025 but still leads in DEX trading volume. Analysts speculate this may set up a Q2 rally.

Challenges:

Ethereum faces growing competition and a decline in dominance within the DeFi space, raising concerns about momentum loss.

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