Welcome! Here are the latest news about the Ethereum digital currency in about 150 words:
The price of Ethereum (ETH) has been experiencing fluctuations recently. After a notable decline in the first quarter of 2025, the price is currently trying to recover and is testing resistance levels around $1800. At the time of writing this article, the price of Ethereum is approximately $1825.
On the technical development front, the Ethereum community is preparing for the "Pectra" upgrade on the mainnet on May 7. This upgrade aims to double the capacity of Ethereum's second layer, reduce transaction fees, and introduce a new governance model that gives validators and storage participants a more active role in decision-making.
As for future predictions, they seem to be mixed. While some believe that the Pectra upgrade may boost the price of Ethereum in the long term, others warn of the possibility of the price falling to $1500 levels if the current support level fails to hold.
Do you have any other questions about Ethereum or the Pectra upgrade?
