As of May 10, 2025, Ethereum (ETH) is showing steady growth, trading around $2,335, reflecting a daily increase of approximately 6%. This growth is associated with the successful implementation of the Pectra update, which has significantly improved scalability and user experience of Ethereum.

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🔧 Pectra update: key changes

• Increased staking limit: the maximum staking limit has been increased from 32 to 2048 ETH, making it easier for large validators to participate.

• Improved user experience: the implementation of features such as account abstraction and spending control makes using Ethereum more convenient for users.

• Performance enhancement: optimization of transactions and reduction of fees contribute to more efficient network operation.

Despite these improvements, the price of ETH has not yet reached new highs, remaining below the historical peak of $4,105.

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📊 Technical analysis and forecasts

• RSI indicators: indicate that ETH is in the oversold zone, which may suggest potential growth with increased buying pressure.

• Forecasts for May 2025: analysts expect that the price of ETH may reach $2,411 by May 11, and by mid-month — $2,081.

• Long-term prospects: forecasts for the end of 2025 range from $3,500 to $3,700, assuming increased institutional interest and network activity.

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⚠️ Potential risks

• Stagnation of network activity: a slowdown in growth of activity on the Ethereum network has been observed since 2021, which may affect demand for ETH.

• Competition: alternative blockchains, such as Solana, offer lower fees and high transaction speeds, which may divert users from Ethereum.

• Macroeconomic factors: inflation and recession risks may dampen the growth of the cryptocurrency market as a whole.

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📌 Conclusion

Ethereum remains a key player in the field of smart contracts and decentralized applications. The Pectra update has significantly improved the network's functionality, which could contribute to further growth of ETH. However, investors should consider the existing risks and closely monitor market trends.

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