Does This 1 Desperately Needed Catalyst For Ethereum Make It a Buy?
Ethereum (CRYPTO: ETH) is in a state of crisis. Amidst powerful competitors stealing its capital share, and with unprecedented poor sentiment among cryptocurrency investors, its price is down by 46% so far this year.Thankfully for holders, there is one significant catalyst that's now on the map. The odds of the catalyst turning around the chain's entire run of poor fortune overnight is very unlikely, but it could be a step toward a better future. Could it make the coin a buy once more?On May 7, the Ethereum network is scheduled to go live with the first phase of its latest major upgrade, which is called Pectra. The second phase will be rolled out in late 2025 or early 2026.Continue reading
Ethereum (CRYPTO: ETH) is in a state of crisis. Amidst powerful competitors stealing its capital share, and with unprecedented poor sentiment among cryptocurrency investors, its price is down by 46% so far this year.
Thankfully for holders, there is one significant catalyst that's now on the map. The odds of the catalyst turning around the chain's entire run of poor fortune overnight is very unlikely, but it could be a step toward a better future. Could it make the coin a buy once more?
On May 7, the Ethereum network is scheduled to go live with the first phase of its latest major upgrade, which is called Pectra. The second phase will be rolled out in late 2025 or early 2026.
