Ethereum is preparing for its biggest update: Pectra
Attention, crypto community! Ethereum is preparing to implement the Pectra update on May 7, 2025. This improvement aims to optimize the network in terms of scalability, efficiency, and user experience.
What news does Pectra bring?
EIP-7702: Will allow external accounts (EOA) to temporarily execute smart contract code, facilitating more flexible and secure transactions.
Increase in maximum cash balance: Validators will be able to raise their cash balance from 32 ETH to 2048 ETH, improving staking efficiency and reducing the need for multiple validators.
XRP on the rise: Is a new all-time high approaching?
XRP is in the spotlight this afternoon! The cryptocurrency has reached a new monthly high of $2.36, driven by the SEC's approval of ProShares' XRP futures ETFs, set to launch on April 30.
This movement has generated a 170% increase in trading volume and significant accumulation by whales, indicating strong institutional demand.
Additionally, Ripple has acquired the brokerage firm Hidden Road for $1.25 billion, integrating the XRP Ledger into its post-trade settlement operations, strengthening its position in the institutional financial market.
With these developments, analysts project that XRP could reach $10 in the coming months, especially if a spot XRP ETF is approved.
Do you think XRP will surpass its all-time high soon? Are you considering investing or are you already part of the movement?
We start the week with good news for crypto investors! Bitcoin (BTC) has registered a 1.10% increase in the last 24 hours, reaching 94,800 USD, while Ethereum (ETH) rises by 0.80%, sitting near 1,806 USD.
Analyst Willy Woo highlights that the fundamentals of Bitcoin have turned bullish, with increasing capital flows in spot and futures markets, which could drive BTC to surpass its previous highs.
Additionally, there is a return of liquidity towards smaller capitalization projects, marking the first significant increases since the beginning of the year.
š§ Do you think this bullish momentum will last throughout the week? Do you have any altcoin in mind that is showing signs of recovery?
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