$ETH

Current Overview of ETH (April 2025):

Current Price: Around $3,100 - $3,250 (fluctuating throughout the week).

Recent Performance: Up by approximately +10% this month, with a resurgence in investor appetite due to optimism about upcoming network updates.

Important Events:

Pectra Upgrade expected by the end of 2025, focusing on improving efficiency and reducing costs.

Increased adoption of Layer 2 technologies (such as Arbitrum and Optimism) which helps reduce gas fees.

Exchange-traded funds (ETFs) on Ethereum have received preliminary approvals in some markets, boosting confidence.

Forecasts and Analysis:

Analysts like CoinCodex and IntoTheBlock expect that if the momentum continues, we may see $ETH approaching $4,000 by the end of 2025.

Risks: Strong corrections are likely with any slowdown in updates or a general market downturn.

Opportunities: The growth of decentralized finance (DeFi) and non-fungible tokens (NFTs) associated with the Ethereum network remain strong demand drivers.