$ETH 💰 Current Price and Market Dynamics

• As of April 26, ETH is trading around $3,250, showing a growth of 4.7% over the day and more than 12% over the week. The trading volume in the last 24 hours reached $18.5 billion, and the number of active addresses increased by 28%.

• Average fees in the Ethereum network have decreased to $0.01, which is a minimum over the past 5 years. This may indicate a decline in network activity and a potential opportunity for price growth.

🛠️ Pectra Update

• The Pectra update is expected to be implemented in May, which includes 11 proposals for improving Ethereum (EIP), aimed at optimizing staking, increasing scalability, and reducing fees. This update is designed to improve network performance without radical changes.

📈 Forecasts and Institutional Interests

• Forecasts suggest that under favorable conditions, the price of ETH could reach $6,000–$7,500 by August 2025. The baseline scenario suggests a range of $4,200–$5,500, while the negative scenario suggests $2,800–$3,800.

• BlackRock has acquired Ethereum worth $54.4 million, indicating a resurgence of interest from institutional investors in ETH.