According to analysts, the very expected improvement of Pectra Ethereum can prepare the ground for the next phase of the 2025 cryptographic market cycle, even when the ether still achieves worse bitcoin results.
The price of ether (ETH) dropped by more than 32% in February, finding a local bottom at over two months of the lowest level of 2,073 USD before recovering the current 2,245 USD mark, show the data of Cointelegraph Pro.
ETH/USD, 1-year chart. Source: Cointelegraph
According to Gabriel Halm, a research analyst from the intelligence company Blockchain Intelligence Inteblade Ethereum, scheduled for March 5, can support to alleviate long -term sales pressure.
“While the upcoming improvement of Pectra Ethereum will not necessarily cause an immediate increase in prices, it is a significant step forward in the continuous improvement of the Ethereum ecosystem. By reducing the overall costs and increasing the scalability of L2, it will expand the overall capacity of the network, thus increasing its competitive advantage. “
In addition, the proposal to improve Ethereum (EIP) -7251 will escalate the limit of validators from 32 ETH to 2 048 ETH, making it easier for elaborate earnings, potentially reducing sales pressure over time.
Related: Can Ether recover over USD 3,000 after huge hacking Bybit USD 1.4 billion?
Over 32% monthly correction can signal that the price of ETH is set for the next leg based on fractal patterns from the 2017 series common by the popular salesman Crypto Merlijn Trader in a post from March 1.
Source: Merlin Trader
In cryptographic trade, technical traders operate fractal price patterns to identify a key level of support and resistance and potential reversal of trends based on historical data.
Related: Danny Ryan, an Ethereum developer, joins Etherealize as a co -founder
The Ethereum Foundation announces a change in leadership
Price fights Ethereum coincided with months of criticism from community members who claim that the network lose the direction due to competition from high -pass chains and layer 2 cannibal solutions.
After universal complaints, the Ethereum Foundation announced a modern leadership structure consisting of two foundation co-directions, HSIAO-Wei Wang-Post-Speedy Researcher of the Ethereum Foundation and Tomasz Stańczyk, General Director of Nethermind-one of the largest Ethereum enforcement clients.
According to the announcement of March 1, Wang has seven years of experience as a researcher from the Ethereum Foundation, and Stańczak proved leadership in scaling of the organization from the project at an early stage to the global company.
Wang and Stańczak will take over their roles as co -directs of the Foundation on March 17.
The change of leadership arises among the growing fears that the scaling solutions of layer layer 2 channels are cannibalizing Ethereum, and competition from modern, high -passes Erode Investor Tware.
To solve these fears, Vitalik Buterin outlined the strategy of strengthening Ethereum on the blog of January 23 postwhich included increasing the number of stains, thus increasing the transaction capacity and encouraging layer 2 to pay the percentage of your fees for the basic layer.
https://www.youtube.com/watch?v=fwo0HW_94A4
Warehouse: Ethereum L2S will be interoperable “in months”: full guide
