$ETH

Here's the latest Ethereum update:

Recent Upgrades

- *Pectra Upgrade*: Successfully implemented on May 7, 2025, this upgrade enhanced EOA wallets with smart contract functionality, increased blob throughput, and allowed stakers to choose arbitrary amounts of ETH to stake.

- *Dencun Upgrade*: Implemented on March 13, 2024, it introduced proto-danksharding, reducing rollup transaction costs and improving network efficiency.¹

Upcoming Developments

- *Fusaka Upgrade*: Expected in 2025, this upgrade will introduce PeerDAS (Peer-to-Peer Data Availability Sampling), making node operation more accessible while maintaining decentralization.

- *Glamsterdam Upgrade*: Planned for 2026, it may include Verkle trees, a data structure enabling stateless clients on Ethereum.

- *Danksharding*: A scaling solution that integrates "blobs" of data into Ethereum blocks, reducing transaction costs and increasing efficiency.²

Market Performance

- *Ethereum Price*: Analysts predict a potential price rally to $3,000, driven by rising futures open interest, robust spot ETH ETF flows, and bullish technical analysis indicators.

- *Investment Inflows*: Ether investment products saw $296 million in inflows last week, with a 14-day streak of inflows into Ether ETFs.³