$ETH

Ethereum (ETH) has shown significant price movement, surging past $1,800, a three-week high, driven by reduced short positions and ETF inflows of $38.8 million, led by Fidelity and Bitwise. Vitalik Buterin proposed a major overhaul of Ethereum’s execution layer to boost layer-2 scaling and quantum resistance, sparking discussions. The Ethereum Foundation, under new co-directors, is focusing on near-term scaling and user experience. However, Cardano’s Charles Hoskinson predicted Ethereum’s demise in 15 years, citing key mistakes. Whale activity is rising, with ETH trading at $1,780, up 10-15% recently. The upcoming Pectra upgrade aims to enhance efficiency, potentially pushing ETH toward $2,000 if resistance at $1,820 is cleared.