Ethereum announced the launch of a Nimbus testing network ahead of the Fusaka Upgrade. Nimbus, a client for the Ethereum consensus layer that manages Ethereum’s Proof-of-Stake network is now ready to be tested by users. Nimbus claims that it’s a proof-of-stake network. “high-urgency release for the Hoodi, Sepolia, and Holesky testnets.”Holesky is set to expire on 30 September 2025. Hoodi will be used instead for testing validators.
Fusaka is expected to be live by November. This will depend on whether there are any problems with the Ethereum network. It will mark a critical milestone for the Ethereum blockchain, and is expected to propel ETH’s price higher if it succeeds. Following previous successful forks and network upgrades, Ether’s price has gone higher. In other words, Ethereum could reach the $5k mark or even higher if Fusaka is successful.
Ethereum’s price rebounded Friday, after a 7-day loss streak. As long as the price of the cryptocurrency remains above $4,000 this weekend, it hopes to recover and reach $4,100. Since its ATH was reached four weeks ago, the asset is down 23%. Fortunately, analysts have projected positive future prices for ETH. Javon marks believes Ethereum is on a path to a parabolic run that will eventually reach 8000 dollars.
Also Read: Ethereum (ETH) Price Prediction For September End 2025
Tom Lee, BitMine’s CEO, insists on a strong Ethereum growth to end this year. The analyst insists that the price of Bitcoin may reach $250,000 by the end of the year and that Ether’s price will follow, perhaps to the $12,000-$15,000 range. In his most recent interview, BitMine’s chairman described Ethereum in a “truly neutral chain,” The platform will likely gain support both from Wall Street as well as the White House. Lee noted that Congress and the White House appear to focus mainly on Ethereum. A surge in interest from institutions could lead to a similar rise as seen at the end of this summer.
According to CoinCodex ETH statsEther will likely stabilize in October as ETH is forecast to reach a price of $4500 mid-October. Our current Ethereum prediction predicts that by October 26, the price of Ethereum will increase by 11,61 percent and hit $4,415.93. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 44 (fear). CoinCodex predicts that by December 2025 the token could reach a price of $6500.
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Source: watcher.guru
