Key notes
- Grayscale pushes the dry to allow ETH to mark out, unlocking millions of missed awards.
- Massive ethn entrances in the binance of exchange sparked fears of a new wave of sales pressure.
- ETH could target $ 2,000 in the near future while Buterin has unveiled massive upgrades for ETH.
The representatives of Grayscale Investments encountered the working group on the crypto of Securities and Exchange Commission (SEC) of the US Securities (SEC) on April 21 to plead to allow stimulation within the products negotiated by Ethereum (ETP).
Grayscale has proposed modifications to its 19B-4 form deposits for the Grayscale ETF ETF (ETHE) and the Grayscale ETF Trust ETF (ETH), aimed at allowing shuttle activities.
Grayscale met the working group on the cryptocurrencies of the American Sec on April 21 to request modifications to its deposits of form 19B-4 for the Grayscale ETF ETF (ETF) and Grayscale ETF (ETH) allow the relevant funds to participate in stimulation activities.…
– Wu Blockchain (@wublockchain) April 28, 2025
Urgent need to modernize regulations
Craig Salm, Legal Director of Graycale, stressed the urgent need to modernize the regulations, saying:
“Currently, the ETH spots do not fully represent the underlying ETH, because they are not currently allowed to engage in the stake.”
Grayscale stressed that the American eths have missed about $ 61 million in potential awards of staking since their launch, weakening their competitive advantage against international counterparts.
In their argument, the implementation would improve not only shareholder yields, but would also contribute to the safety and efficiency of the Ethereum network.
Large exchange entries report prudence
According to analyst Amr Taha on Cryptochant, more than 92,000 ETH, worth around 165 million dollars, was deposited in Binance on April 24.
Historically, large ETH entries in exchanges, in particular binance, have often preceded price corrections while whales seek to make profits or output positions.
This massive Ethereum movement followed closely on the heels of a Bitcoin transfer of $ 500 million to trade on April 23, referring to any disembodied movements coordinated by major holders.
Battle of scalability: Buterin against Hoskinson
The founder of Cardano, Charles Hoskinson, recently warned that “the layers-2 aspire the whole alpha for the ETH”, predicting that the ETH could fall within 15 years if it becomes too dependent on external scaling solutions like arbitrum and optimism.
In a timely response, the co-founder Ethereum Vitalik Buterin has highlighted major research progress towards the scalability of the zero layer.
Thanks to republication of Layerzero laboratories and succinct laboratories, Buterin described a vision to replace the traditional Ethereum virtual machine (EVM) with a ZKVM built on RISC-V standards. This change promises Transformers upgradesincluding:
- Up to 832 × less cycles than current EVM treatment
- Reduction of 95.7% of prouvance cycles via precompililes
- 30 × higher flow with GPU acceleration
- 346 MB proof size compression at 1.5 MB
Ethly Eth Price Analysis and Prix
Looking at Ethereum
Ethn
$ 1,812
24h volatility:
0.2%
COURTIC CAPESSION:
$ 218.71 B
Flight. 24 hours:
$ 10.41 B
Daily table that you have provided, it is clear that the RSI is currently 54.89, slightly above the neutral, suggesting a slight bullish momentum.
Bollinger strips widen, referring to an incoming expansion of volatility while Price has exceeded the 20 -day mobile average (around $ 1,662), currently a merchant about $ 1,796.
Ethereum Tamceaux Price | Source: tradingView
If the momentum holds and no major sale occurs, ETH could test the Bollinger’s higher band nearly $ 1,850, and potentially break towards psychological resistance at $ 1,900 to $ 1,920. A successful daily fence greater than $ 1,920 could open the way to $ 2,050 in the medium term.
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Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
Parth Dubey on LinkedIn
