$ETH The latest developments related to Ethereum include¹ ²:
- *Transition to Serenity*: Ethereum is working on transitioning to the Serenity phase, which involves changing the concept of Ether mining from proof of work to proof of stake to reduce energy consumption.
- *Ethereum ETF*: Bitwise has applied to launch an ETF for Bitcoin and Ethereum, while BlackRock's Ethereum ETF has recorded significant daily inflows of $60.3 million.
- *Price Predictions*: Analysts expect the price of Ethereum to reach $4,000 in 2024, with the possibility of rising to $40,000 by 2030.
- *Technical Improvements*: Ethereum is working on technical improvements such as Danksharding and Proto-Danksharding to increase network capacity and reduce transaction fees.
- *Collaboration with PayPal*: Ethereum has partnered with PayPal to integrate the PYUSD stablecoin with the multi-chain bridge protocol, LayerZero, enabling transfers between the Ethereum and Solana networks.
- *Impact of the U.S. Elections*: The victory of Donald Trump in the U.S. presidential elections may have a positive impact on Ethereum, according to the CEO of Consensys.