Ethereum (ETH) is currently trading at $2,505.86 and is showing strong bullish momentum with key targets at $3,800 and $4,000.
The Pectra upgrade has doubled Layer-2 transaction capacity, benefitting networks like Coinbase’s Base and leading market forecasts to expect ETH to surpass $5,400 by the end of 2025.
Cryptocurrency analyst VipRoseTr highlights Ethereum's bullish action and the short-term target of breaking the $2,700 hurdle, potentially leading to a sustained upward thrust towards $4,000.
The upgrade of Ethereum's network with Pectra has significantly improved performance, doubling the throughput and lowering fees for Layer-2 solutions, with optimistic predictions for Ethereum's growth supported by upcoming upgrades like Fusaka and continued ecosystem development.