$ETH

Pectra Upgrade and Trump Pump for Ether Holders This Year

The Pectra update(s) (Phase 1) is scheduled to be released in Q1 2025, and the expected Trump Pump could change the Ethereum landscape.

Dr. Sean Dawson, head of research at Deriv, predicted that the Trump Pump could push Ethereum to $12K by the end of the year.

Ethereum core developers are considering additional EIPs (Ethereum Improvement Proposals) as they continue their weekly Pectra update meetings.