$ETH Here are some of the latest Ethereum news and updates:
Recent Price Movements and Market Trends
- *Ethereum Price Forecast*: Accumulation addresses have grabbed 1.11 million ETH, indicating rising bullish momentum. Some traders predict a potential correction after a 16% move, with a possible revisit to $1,300.
- *ETH Price*: Ethereum's price is up 10% today, with derivatives traders boosting the ETH market as tariff-induced fear wanes.
- *$2,000 Target*: Ethereum targets $2,000, with a potential breakout above $1,800 that could trigger $317 million in short liquidations ¹ ².
Ethereum Ecosystem and Development
- *Pectra Upgrade*: Ethereum's upcoming Pectra upgrade aims to introduce smart accounts and improve L2 scaling, enhancing the network's functionality and efficiency.
- *Gas Limit Increase*: Ethereum validators have increased the network's gas limit to 36 million, allowing for more transactions per block.
- *Quantum-Resistant Ethereum*: Vitalik Buterin discusses the need for quantum-resistant cryptography to secure Ethereum against potential quantum computer attacks ¹.
ETF and Regulatory News
- *Spot ETH ETF Approval*: The US SEC's decision on spot Ether ETFs is highly anticipated, with some analysts predicting a potential 60% rally if approved. Huaxia, a Hong Kong-based firm, plans to add staking to its Ether ETF.
- *SEC Delays Staking Decision*: The SEC has delayed its decision on staking services for Grayscale ETH ETFs, with a final deadline set for October 2025 ³.
Other News
- *Tokenized Real Estate*: Tokenized real estate could reach $4 trillion by 2035, reshaping property investment as blockchain adoption grows.
- *Blockchain Job Growth*: Blockchain job growth could exceed 1 million roles by 2030, driven by regulatory clarity, scalability, and AI integration ².
