The post Is Pepeto the new catalyst for Ethereum’s next bull run? appeared on BitcoinEthereumNews.com.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum eyes $4k as the Pectra upgrade looms. Pepeto offers new tools to smooth network congestion. Ethereum is building up energy for a big move. The price has been moving sideways near a strong resistance level and traders are watching closely.  Price action analysts say Ethereum is forming a pattern that often leads to a breakout. If support around $3,600 holds, ETH could push above $3,900 and aim for $4,000 or more. The rise in open interest in the options market shows that many are betting on this breakout. Besides the technical setup, Ethereum’s network activity is also rising. Transaction fees have just hit their highest level in three months which usually means more people are using the network. When fees go up and prices stay firm, it is often a sign that demand is growing, especially in DeFi, NFTs, and on-chain apps. However, Ethereum’s lead in the DeFi space is being challenged. Its market share has dropped over 30 percent since 2021 as other blockchains gain ground. That is why many eyes are now on the upcoming Pectra upgrade.  It is Ethereum’s biggest code change since the Merge and aims to improve staking and wallet use. If it delivers, Ethereum could be ready for its next major run, especially with new projects like Pepeto bringing fresh energy to the ecosystem. While Ethereum’s comeback has drawn major attention, it still faces challenges during peak demand. Network congestion and rising gas fees continue to limit smooth user experience. This becomes especially clear during memecoin hype cycles, where heavy volume can slow transactions and price out smaller traders. Ethereum’s scalability depends on how well it can handle this kind of explosive…

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Filed under: News - @ May 30, 2025 5:23 am