Here’s a short, up-to-date summary on Ethereum ($ETH )— what’s happening lately + what might come next 👇
📉 What’s the current state
Recently (around November 21, 2025) Ethereum dropped as low as ≈ US$ 2,800, marking one of the largest one-day losses in months amid a broad crypto sell-off.
However by November 28, 2025, ETH had recovered to around US$ 3,020, reclaiming the key $3,000 support level.
The rebound seems supported by increasing institutional activity and changing sentiment among large investors.
🛠 What’s new under the hood — upcoming upgrade
The Fusaka upgrade is scheduled to go live on December 3, 2025.
Fusaka includes technical changes (like an optimization called “PeerDAS” for blob-transmission capacity and other execution & consensus-layer improvements) that aim to improve scalability and reduce transaction costs — especially for layer-2 rollups.
If successful, this upgrade could make the network faster and cheaper to use — potentially strengthening Ethereum’s long-term fundamentals.
🔭 What analysts expect (and what’s uncertain)
Some analysts are bullish: with favorable conditions and improved adoption, ETH could rebound toward US$ 3,050–3,100 (near-term).
Others caution that there’s still risk: if volatility returns or macroeconomic headwinds intensify, ETH could revisit lower support zones — possibly toward US$ 2,500–2,800.
Long-term views vary widely: some bullish forecasts foresee potential upward moves, depending on adoption, ecosystem growth, and broader market conditions.
✅ Why it matters (especially now)
The upcoming Fusaka upgrade could significantly enhance Ethereum’s performance — making it more competitive vs newer blockchains and strengthening its role in decentralized finance (DeFi) and layer-2 solutions.
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#ETH
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