$ETH | Ethereum Gains Momentum as Upgrade Nears

Ethereum ($ETH), the second-largest cryptocurrency by market cap, continues to solidify its place as a backbone of decentralized finance and Web3 infrastructure. Trading near $1,799 as of April 24, 2025, ETH is gaining traction ahead of the Pectra upgrade on May 7, which aims to improve scalability and validator functionality. The introduction of EIP-7702 brings smart contract flexibility to externally owned accounts. Meanwhile, Ethereum ETFs have seen inflows exceeding $63 million this month, reflecting growing institutional interest. As ETH flirts with key resistance levels, investors are watching closely for a breakout and renewed upward momentum.