ETHEREUM (ETH) – RECENT UPDATES (as ofApril 16, 2025)

1. Pectra Upgrade Delayed

The Pectra upgrade (Prague + Electra) was scheduled for April 8, 2025, but has been delayed.

No new date has been announced yet.

Pectra aims to improve staking (e.g., auto-compounding, partial withdrawals) and validator performance.

2. Market Update

ETH price dropped to $1,400 on April 7 ("Black Monday").

Recovered to around $1,594 (up ~3.2%).

A dormant whale activated after 7 years, sending 2,000 ETH (~$3.1M) to Kraken.

3. Price Predictions

Bullish case: ETH may reach $2,674 by late April.

Bearish risk: ETH may fall if it loses key support levels.

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