1. Market trend before the data from the USA • As of today, the price of Ethereum is approaching $2,800, in connection with expectations of inflation data from the USA – this indicates an increase in investor confidence. • However, on June 6, ETH dipped by approximately 6%, to ~$2,457, following a wave of negativity from the public clash between Donald Trump and Elon Musk.
2. Technological upgrade – Pectra • In early May 2025, the upgrade Pectra (Prague + Electra) took place, which included 11 EIPs – the UX of cryptocurrency wallets was modified, and the flexibility of staking (was increased from 32 to 2,048 ETH per validator) . • This is the largest update since 2022 (Merge). Although analysts indicate that pricing has not changed significantly, Ethereum is strengthening the infrastructure foundation and improving L2 integration .
3. Competition and the "average age" of the network • The Financial Times described the current state of Ethereum as a "midlife crisis" – due to strong pressure from competitors (Solana, Cardano, meme coins) and delays in some updates. • At the same time, the June upgrade of Pectra and the rise in the price of ETH, which exceeded Bitcoin by 45% in May, signal a revival of interest in the network.
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📰 Latest news and trends
1. Market trend before the data from the USA
• As of today, the price of Ethereum is approaching $2,800, in connection with expectations of inflation data from the USA – this indicates an increase in investor confidence.
• However, on June 6, ETH dipped by approximately 6%, to ~$2,457, following a wave of negativity from the public clash between Donald Trump and Elon Musk.
2. Technological upgrade – Pectra
• In early May 2025, the upgrade Pectra (Prague + Electra) took place, which included 11 EIPs – the UX of cryptocurrency wallets was modified, and the flexibility of staking (was increased from 32 to 2,048 ETH per validator) .
• This is the largest update since 2022 (Merge). Although analysts indicate that pricing has not changed significantly, Ethereum is strengthening the infrastructure foundation and improving L2 integration .
3. Competition and the "average age" of the network
• The Financial Times described the current state of Ethereum as a "midlife crisis" – due to strong pressure from competitors (Solana, Cardano, meme coins) and delays in some updates.
• At the same time, the June upgrade of Pectra and the rise in the price of ETH, which exceeded Bitcoin by 45% in May, signal a revival of interest in the network.