ETH Pricing & projection Beyond 2025: Ethereum Pricing Can Reach $10k Mark With New Updates.

ETH took a hard hit during the initial phases of the dip. However, news and stories surrounding the token suggest that the coin is on an upward trajectory where it can recover its overall pricing. Many experts claimed that ETH, which was on a downward movement at that time, can help out long-standing investors who are looking to invest in this. With a new update called Vitalik.Butterin for the blockchain is on the horizon; this claim seems plausible. 

ETH price has gone through some significant upheavals this month. However, the new update can change that. The update can help the coin with scalability and shorten the overall response time with the shift to ETH 2.0. As a result, ETH might see a major boom in the coming weeks. 

Can The Updates Turn A Bear Market Into a Bull Market?  

As of writing this piece, ETH price is favorably hovering at around 2,677.74, along with a 0.95% positive climb. The market opened at $2,603 and recorded an intraday high of 2,636.08 and an intraday low of 2,575.83. Even though the current statistics seem favorable, there is a visible downward trend in the last 30 days. As per the data released by CoinMarketCap, there has been a visible decline of 15% in the last 30 days. 

This dip is not just because of macroeconomic developments. Experts believe a lack of innovation might have also played a key role in the dip.  As a result, the latest updates Dencun and Pectra, proposed by Vitalik, might plug that gap. The first update is that Pectra will supposedly be on the floor by March. Therefore, investors expect positive needle movement in that time frame.  

Meanwhile, a shift from a Proof-of-Work to a Proof-of-Stake working model can also contribute to the alleged boom in pricing. Therefore, the next few months can be crucial for ETH. Experts claim that these two updates will put ETH on par with other coins in the market and make it favorable to break the $10k price barrier by 2026. Follow for more crypto news.