Ethereum News Today: How Toaster Technology is Fueling Ethereum’s Climb Toward $80,000
- Ethereum's Pectra upgrade and zkSync's Airbender prover breakthroughs enhance scalability, enabling gigagas-level throughput and slashing proof costs to $0.0001 per transfer. - Institutional adoption grows with 3x leveraged ETH ETFs and $1.13B June inflows, while daily ETH burns tighten supply and drive prices toward $2,200 post-upgrade. - Analysts project ETH could reach $80,000 as Layer-2 solutions handle 60% of DeFi transactions, combined with deflationary dynamics and ETF-driven demand. - Challenges
Ethereum's
The Pectra Upgrade, which went live in May 2025, unified Ethereum’s execution (Prague) and consensus (Electra) layers into a single release, delivering significant enhancements in gas usage and network throughput
Scalability also took a leap forward with zkSync’s Airbender prover, which
The timing of these upgrades coincided with a spike in institutional activity, highlighted by
The combination of lower fees, greater throughput, and growing institutional adoption has fueled speculation that ETH could hit $80,000. Layer-2 networks like
Despite the positive outlook, challenges persist.
As Ethereum addresses these obstacles, it stands on the brink of a new era. With transaction fees expected to drop and speeds to increase, the network’s attractiveness to both developers and investors is set to rise—potentially paving the way for ETH to reach the $80,000 mark.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hyperliquid News Update: Monad Airdrop Approaches as $6 Million in Longs Face Off Against $3.5 Million in Shorts on Hyperliquid
- Hyperliquid's top MON long (0xccb) locks $250K profit after 110% gains, reallocating $2.53M to ZEC amid heightened crypto volatility. - MON-USD perpetuals see $28M 24h volume as market anticipates Monad's airdrop, with 98% "claim loading" progress fueling speculation. - Largest MON short ($3.48M at $0.032) emerges as Top ZEC Short adjusts position, creating $180K profit potential if price drops below $0.25. - $13B estimated FDV for Monad highlights leveraged trading dynamics, with traders balancing expos

Ethereum News Today: Ethereum Faces a Crucial Challenge: Downward Pressure Versus Fusaka Update and Treasury Purchases
- Ethereum faces bearish pressure amid institutional short selling and macroeconomic headwinds, trading near $2,830 after 28% monthly losses. - BitMine Immersion's $24B ETH accumulation stabilizes prices but struggles with 0.77 mNAV ratio and $3.7B unrealized losses. - Upcoming "Fusaka" upgrade (EIP-4844) and RWA growth ($7.4B) could boost ETH's appeal, though $2,400–$2,500 support remains critical. - ETF dynamics diverge: BlackRock's staked ETH ETF proposal challenges DATs while Grayscale's GDOG signals r

DASH rises 2.84% following Jefferies' Buy rating and plans for AI-powered expansion
- Jefferies upgrades DoorDash to 'Buy' with $260 price target, citing 2026 strategic flexibility and Q3 outperformance. - DoorDash reports $3.45B Q3 revenue (27.35% YoY) and $1.28 EPS, exceeding guidance by $0.03. - AI-native tech platform and 21% order growth (776M total) position DoorDash for efficiency gains and market expansion. - Australia wage increase (25% to $20.19/hour) and Waymo partnership highlight labor standards and delivery innovation. - Analysts emphasize AI-driven operations, 19.8% revenue

Bitcoin Updates: ARK Bucks Crypto Slump, Increases Holdings in CoreWeave and Bullish Stocks
- ARK Invest boosted crypto stock holdings by $39M in late 2025, acquiring CoreWeave , Circle , and Bullish amid market declines. - The firm's $31. 3M CoreWeave stake highlights confidence in AI cloud infrastructure, despite the company's widening losses amid rapid scaling. - Contrary to $3.79B crypto ETF outflows and Bitcoin's "death cross," ARK's "buy the dip" strategy reflects long-term optimism about crypto infrastructure. - Mixed reactions emerged as analysts warned about CoreWeave's debt risks, while