Justin Drake proposed a consensus layer upgrade called “Beam Chain” at the Devcon conference, dubbed “Ethereum 3.0”.The upgrade aims to introduce faster block times, lower staking requirements, quantum security improvements for the Ethereum network.Ethereum's native token, ETH, has seen a 3.6% increase in price over the past 24 hours and a 32% surge in the past 7 days.Crypto analyst Titan of Crypto predicts ETH price could reach $5,700 as the target during this bull market phase.