• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Ripple Donates ‘Skull of Satoshi’ to Bitcoin Community

    Ripple Donates ‘Skull of Satoshi’ to Bitcoin Community

    James Wynn Faces $99M Bitcoin Liquidation Amid Market Slip

    Brazilian Fintech Méliuz Launches $78.6M Bitcoin Share Offering

    Meta Shareholders Reject Bitcoin Treasury Proposal

    Tether Supports Twenty One Capital’s $100M Bitcoin Purchase

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Cardano Faces 3% Drop Amid Market Correction

    Cardano Faces 3% Price Decline Amid Market Trends

    SEC Cautions Staked Ethereum, Solana ETF Viability

    James Wynn Aims for $1B Comeback After $60M Loss

    James Wynn’s $1B Comeback in Crypto Trading

    Shiba Inu Burns 1.17 Billion Tokens in Supply Reduction

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Ethereum Price Hovers Near $1,800 Before Pectra Upgrade

Adriana M. by Adriana M.
May 6, 2025
in Altcoin News
Key Points:
  • Vitalik Buterin leads Ethereum’s Pectra protocol upgrade.
  • Ethereum’s price hovers at $1,800 amid anticipation.
  • Upgrades may impact validator scaling and transaction fees.
ethereum-price-hovers-near-1800-before-pectra-upgrade
Ethereum Price Hovers Near $1,800 Before Pectra Upgrade

Ethereum is maintaining its price around $1,800 ahead of the pivotal Pectra upgrade set for May 7, 2025, drawing significant market attention.

The Pectra upgrade is anticipated to enhance Ethereum’s scalability and reduce transaction costs, with market reactions closely watching price movements and expert predictions.

The Pectra upgrade represents a crucial milestone in Ethereum’s roadmap, focusing on enhancing validator scaling, lowering Layer 2 transaction fees, and improving smart contract wallets. Currently, Ethereum is trading approximately at $1,805, holding above the critical support level despite market volatility.

Ethereum co-founder Vitalik Buterin and the Ethereum Foundation are instrumental in this protocol change, highlighting its strategic importance. Exchanges like Coinbase have announced temporary suspension of ETH deposits and withdrawals during the upgrade to ensure network stability and technical adjustments.

Ethereum has historically seen price fluctuations around protocol upgrades, with the current situation showing five consecutive months of negative growth. Analysts offer varied predictions, with Changelly forecasting an average May price of $2,140.91, though some signals suggest possible declines.

The broader implications of the Pectra upgrade may resonate across related cryptocurrencies and Layer 2 solutions owing to expected transaction fee reductions. As Ethereum braces for this significant protocol upgrade, stakeholders anticipate its potential to drive future price trends, scalability, and functionality improvements.

“We forecast an average ETH price of $2,140.91 for May 2025, with potential highs of $2,695.83 and lows of $1,585.98.” — Changelly Analyst, Cryptocurrency Exchange, Changelly

More technical analysis can be found in the post by Nansen AI.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

US Treasury Sanctions Myanmar’s Karen National Army Over Crypto Fraud

Next Post

BlackRock’s Bitcoin ETF Sees Record Inflows: Market Surge

Adriana M.

Adriana M.

Related Posts

Cardano Faces 3% Drop Amid Market Correction

by Solomon M.
June 1, 2025

Cardano experiences a 3% price drop as the cryptocurrency market corrects, trading around $0.69.

Cardano Faces 3% Price Decline Amid Market Trends

by Solomon M.
June 1, 2025

Cardano experiences a 3% price dip in late May 2025, reflecting broader altcoin market trends.

SEC Cautions Staked Ethereum, Solana ETF Viability

by Solomon M.
May 31, 2025

SEC warns RexShares on staked Solana and Ethereum funds' ETF eligibility, impacting crypto market dynamics.

James Wynn Aims for $1B Comeback After $60M Loss

by Solomon M.
May 31, 2025

James Wynn, known for crypto trading, eyes a $1 billion comeback after significant losses, focusing on meme token Moonpig.

James Wynn’s $1B Comeback in Crypto Trading

by Solomon M.
May 31, 2025

Crypto trader James Wynn, known as "moonpig," eyes a $1 billion comeback through decentralized meme coins trading on Hyperliquid.

Shiba Inu Burns 1.17 Billion Tokens in Supply Reduction

by Solomon M.
May 31, 2025

Shiba Inu community burns over 1.17 billion tokens, affecting SHIB supply and market dynamics.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.