According to analysts, the long-awaited Pectra d’Ethereum upgrade could prepare the field for the next phase of the 2025 cryptography market cycle, even if Ether continues to underperform Bitcoin.
The price of the ether (ETH) fell by 32% in February, finding a local bottom with a low of more than two months of $ 2,073 before recovering at the current $ 2,245 bar, show the data from Cointelegraph Markets Pro.
ETH / USD, graphic 1 year. Source: Cointelegraph
According to Gabriel Halm, a long -term intelligence company research analyst, according to Gabriel Halm, research analyst, planned to come, planned to mitigate long -term sales pressure, could help relieve the long -term sales pressure of long -term sales pressure.
“Although the next Pectra d’Ethereum upgrade will not necessarily trigger an instant price bump, it marks a significant step in the current improvements of the Ethereum ecosystem. By reducing the general consensus costs and increasing scalability in L2, it will expand the overall capacity of the network, thus improving its competitive advantage. »»
In addition, the proposal for improvement by Ethereum (EIP) -7251 will increase the limit of implementation of the validator from 32 ETH to 2,048 ETH, which facilitates validators to compose their income, which could reduce the sale pressure over time.
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The monthly correction of more than 32% Ether can point out that the ETH price is preparing for the next step on the basis of the fractal models of the 2017 cycle shared by the popular crypto merchant Merlijn the trader in a post of March 1.
Source: Merlijn the merchant
In crypto trading, technical traders use fractal price models to identify key support and resistance levels and potential trend inversions based on historical data.
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The Ethereum Foundation announces a change in leadership
The difficulties of Ethereum prices have coincided with months of criticism from the members of the community, who claim that the network loses directives due to the competition of high speed chains and layer 2 cannibalise solutions.
Following the widespread complaints, the Ethereum Foundation announced a new leadership structure made up of two Codirectors of the Foundation, Hsiao -Wei Wang – a principal researcher from the Ethereum Foundation, and Tomasz Stańczak, the CEO of Nethermind – one of the largest execution customers on Etheum.
According to the announcement of March 1, Wang has seven years of experience as a researcher at the Ethereum Foundation, and Stańczak has proven leadership in scaling a project organization at the start of the stadium to a global company.
Wang and Stéńczak will assume their roles as co -directors of the Foundation on March 17.
The change in leadership comes in the midst of increasing fears that the layer 2 layout solutions of the cannibalize ethereum network, and the competition of new broadband chains erod the confidence of investors.
To respond to these concerns, Vitalik Buterin described a strategy to strengthen Ethereum in a blog article on January 23, which included the increase in the number of blobs, thus increasing the transaction capacity and encouraging layer-2 solutions to pay a percentage of their costs with the basic layer.
https://www.youtube.com/watch?v=fwo0hw_94a4a
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