Latest Ethereum News

▪️The volume of staked Ethereum has exceeded 32 million coins, making up ~27% of the total ETH supply. At current prices, this amounts to $121 billion.

▪️Ethereum developers will implement the Pectra update, featuring EIP-3074, in Q1 2025. This update will introduce new wallet capabilities, including the recovery of lost keys.

▪️Bloomberg analysts predict that the demand for an Ethereum ETF will be around 20-25% of the demand for a Bitcoin ETF. This forecast is based on the fact that the Ethereum market is about 30% the size of the Bitcoin market. Additionally, these new instruments will not allow staking of ETH.

▪️The price of Ethereum, in the absence of bad news, has returned to the $3900 range. The founder of DeFiance Capital predicts ETH will reach $4500 before the listing of spot Ethereum ETFs. 👀Subscribers of WuBlockchain on Chinese Twitter believe that Ethereum can rise to $10,000 in this coin.

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