<ul><li>Ethereum is showing strength with the potential to surpass $3,000 this week driven by recent updates and bullish sentiment.</li><li>Vitalik Buterin hinted at a possible 10x scaling improvement on Ethereum's Layer 1 within the next year, leading to faster and cheaper on-chain transactions.</li><li>The Ethereum Foundation has restructured to focus more on user experience and scalability, aiming to address Ethereum's key challenges and enhance its competitiveness.</li><li>ETH is currently trading around $2,890, with strong support near $2,800 and potential resistance at $2,950 before aiming to break the $3,000 barrier due to increasing confidence among bulls.</li></ul>

With Ethereum News Today, Why Might ETH Price Hit $3K This Week?

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