$ETH is trading around $1,792.13, showing resilience amid market fluctuations. The upcoming Pectra upgrade, scheduled for May 7, 2025, aims to enhance scalability and user experience by introducing features like EIP-7702, which enables smart contract functionality for standard accounts, and doubling blob capacity per block to improve Layer 2 performance. Analysts predict that these developments, coupled with growing institutional adoption and the approval of spot Ether ETFs, could drive ETH's price towards $5,925 by the end of 2025. Investors should monitor these advancements as Ethereum continues to solidify its position in the decentralized ecosystem.