📢 Ethereum Update | August 6, 2025

🔥 Ethereum (ETH) remains resilient amid institutional inflows and technological advancements. Here’s what you need to know today:

📈 Market Activity

💼 Institutional demand is rising: over 3 million ETH acquired by large organizations in July.

🏦 SharpLink Gaming holds 521,939 ETH, becoming the second-largest corporate holder.

💰 BitMine Immersion Technologies owns 833,000 ETH (~$3 billion) — the largest non-exchange wallet.

💹 Current Price and Technical Analysis

ETH is trading around $3,630–3,655.

Key resistance: $3,655 — breaking this opens the way to $4,100.

A correction of 10–16% is possible upon a rebound from the resistance zone.

🧠 Technological Updates

🛠 The Pectra update has been implemented: improved UX, support for smart contracts in regular wallets.

📊 Gas limit increased to 45 million, preliminary data removal implemented — a step towards L1 scaling.

🚀 Parallel execution of transactions and acceleration of EVM via FPGA (up to 99% faster) is being explored.

#ETH #Ethereum #Binance