Cryptopolitan reports a significant shift in the cryptocurrency market as institutional investors increasingly favor Ethereum and Solana over Bitcoin. This trend stems from new investment products that facilitate institutional cryptocurrency purchases.
Peersyst Technology, a blockchain infrastructure developer, has launched a public testnet of a new Ethereum-compatible sidechain designed specifically for the XRP Ledger (XRPL). The project marks a major step toward enabling Ethereum-based smart contracts within XRP ecosystem, ETHNews reports.
Japan's Financial Services Agency (FSA) will submit a bill on the classification of cryptocurrencies as financial products to the country's parliament as early as 2026. Crypto-assets may become subject to local laws dealing with insider trading.
Ethereum is facing potential sell-off risks as bearish sentiment grows in the market following a significant transaction by a large holder who transferred 6,131 ETH ($10.94 million) to the Binance exchange.
Vitalik Buterin, founder of Ethereum, faces criticism over his stewardship of the project. He appears to be faltering on key commitments. Developers have been fleeing, community backlashes, and the network's token is underperforming Bitcoin in liquidity, Bloomberg reports.
Ethereum core developer Terence has announced that on April 30, the mainnet will receive the Pectra update. According to him, the release will be possible after resolving a number of minor issues and conducting the necessary confirmations.
According to CoinDesk.com, the top priority of the US Congress in regulating cryptocurrencies is to finalize the Stablecoin Act as soon as possible. The Senate Banking Committee has already advanced its own version, gaining bipartisan approval. The bill now moves to the Senate for consideration.
The US Securities and Exchange Commission (SEC) has announced its decision to hold four round tables addressing the regulation issues related to cryptocurrencies.
According to Geoff Kendrick, who heads digital assets research at Standard Chartered, Ethereum is now experiencing a "mid-life crisis", struggling to sustain investor interest and keep its price above $2,050
In the first quarter of 2025, the Ethereum (ETH) cryptocurrency experienced a significant decline - its value fell by 22%. However, according to the CryptoPotato website analysts, the decrease in exchange reserves indicates a weakening of the selling pressure.
Fidelity Investments is planning to launch a Treasury Digital Fund. As reported by CoinMarketCap, it will be deployed on the Ethereum network to attract traditional investors to blockchain technology.
Ethereum is the world's second largest cryptocurrency after bitcoin. It allows creating and managing smart contracts and decentralized platforms. The coin is actively used in the blockchain, and is also popular in the NFT, DeFi, and other digital services.
Major factors that determine the value of ETH include:
The liquidity of Ethereum is supported by its extensive application within the financial sector and across different blockchain projects.
Moreover, an extensive ecosystem of NFTs, decentralized exchanges, and new digital solutions creates a stable interest in the cryptocurrency.
Forecasting the ETH price is a complex task, as it is formed under the influence of many factors. For successful trading and investing, it's important to take into account regulatory changes and analyze network activity.
