$ETH Ethereum (ETH) is experiencing renewed momentum as it approaches the $2,000 mark, driven by bullish sentiment and upcoming developments. The anticipated Pectra upgrade, scheduled for May 7, 2025, aims to enhance staking efficiency and network scalability, potentially boosting investor confidence . Recent ETF flows reflect this optimism, with ETHA recording a $40 million inflow on April 24 . Despite a 51% year-to-date decline, Ethereum’s total value locked (TVL) has surged by 42.5% in 2025, indicating robust DeFi activity . Analysts suggest that if current patterns persist, ETH could reach $3,000 in the near term and potentially $4,000 by year-end .