Ethereum latest news

1 In terms of the platform's own development
Technology upgrades are the key driving force behind the development of Ethereum. The Prague upgrade in April 2025 introduces the "parallel transaction processing" feature, which can significantly enhance network efficiency. Additionally, the PECTRA upgrade, expected to launch in early 2025, will increase the maximum effective balance of validators, reduce the number of validators, and alleviate network congestion, while EIP - 7702 will improve the user experience for wallets and chain abstraction, making staking more convenient and cost-effective. These upgrades will help attract more developers and users, driving up the price of Ether.
2 Market Performance and Investor Sentiment
In terms of price, Ethereum has risen after recent price fluctuations, rising 11% to $3,569 over the past week and 103% over the past year. Technical indicators are also showing some positive signs, with the Relative Strength Index (RSI) dropping from 70 to 30 in 24 hours, which may indicate that the asset is oversold and there is a possibility of a price rally. The 30-day moving average surpasses the 200-day moving average, and the 24-hour trading volume has increased from $13 billion to nearly $23 billion, indicating that the market's interest and participation in Ethereum is increasing, and the overall market sentiment is positive.
3 Platform Applications
Ethereum, as a smart contract platform, is the main platform for decentralized finance (DeFi) and non-fungible tokens (NFT) markets. DeFi projects and the NFT market are thriving on Ethereum, attracting a large amount of capital and users, which has increased the demand for Ethereum and driven up its price.
4 Trading Platform Dynamics
BN will conduct wallet maintenance on the Ethereum network on April 30, 2025, at 15:00 (UTC+8). Before that, the recharge and withdrawal services for the Ethereum network will be suspended at 14:55. The maintenance is expected to take 1 hour. This may have a certain impact on the trading and circulation of Ethereum on the BN platform in the short term, but in the long run, the platform maintenance is also aimed at better ensuring transaction security and stable operation of the platform.
5 Regulatory policies
Ethereum is currently viewed by the U.S. Securities and Exchange Commission (SEC) as a decentralized cryptocurrency rather than a security, but there is ongoing speculation regarding the SEC's stance, and recent actions to investigate the Ethereum Foundation have raised concerns. If it were to be reclassified as a security, it could impact Ethereum ETF applications and lead to its delisting from exchanges; however, industry experts believe that the likelihood of the SEC classifying Ethereum as a security is low.
Overall, Ethereum has some positive factors in terms of technical upgrades, market performance, and application development, but the uncertainty of regulatory policies still exists. Investors need to consider various factors comprehensively and make cautious investment decisions while paying attention to Ethereum's development.