Here's the latest Ethereum news ¹ ²:
- *SEC Chair's Crypto Priority*: SEC Chair Paul Atkins has reaffirmed cryptocurrency as a top priority under his administration, which could impact Ethereum's regulatory landscape.
- *Ethereum Price Forecast*: Analysts predict Ethereum's price could surge to new highs if it breaks out of its current congestion pattern. Some speculate a price target of $10,000, driven by bullish fractals and altseason signals.
- *Pectra Upgrade*: Ethereum's recent Pectra upgrade has improved layer-2 scaling and validator features, contributing to a 42% surge in Ether's market cap. This upgrade introduces offchain wallet delegation, but also raises concerns about potential security risks.
- *Staking Inflows*: Ethereum has seen increased staking inflows following a decline in leverage trading, indicating a shift in investor sentiment.
- *Brazilian Stock Exchange Listing*: The Brazilian Stock Exchange is set to list Ethereum futures in June 2025, potentially increasing institutional investment in the asset.
- *Market Trends*: Growing risk appetite following US tariff deals and the Pectra upgrade has improved Ethereum's upside outlook. Analysts believe Ether's price could catch a bid as regulatory and investor sentiment shift in its favor.
Current Ethereum prices are ³ ⁴:
- *Current Price*: $2,472.19, with a 4.69% decrease in the last 24 hours
- *Market Cap*: $297.87 billion
- *24-hour Trading Volume*: $31.64 billion
Keep an eye on these developments for the latest Ethereum news and market trends.