📰 Ethereum (ETH): Progress and Challenges in April 2025
🔧 Pectra Upgrade on the Way
The Ethereum community is preparing for the highly anticipated Pectra upgrade, scheduled for May 7. This improvement aims to enhance the network's efficiency and scalability by combining the Prague and Electra updates. Pectra is expected to strengthen Ethereum’s position within the DeFi and NFT ecosystems. (ElHuffPost)
📉 Market Movements and Volatility
Recently, Ethereum experienced a price drop, falling to around $1,591.69 USD. This decline is partly attributed to Galaxy Digital’s transfer of $60 million in ETH to Binance, which caused concern in the market. However, some analysts view this correction as an opportunity for new investors.
(Cryptonews / The Market Periodical)
