Ethereum News: Potential Recovery Signaled by 88K Net Inflows and Decreasing Volatility

Recent developments in the Ethereum market have sparked Optimism among investors, hinting at a potential recovery for the cryptocurrency. Here’s a closer look at the key factors driving this optimism.

Ethereum’s 88K Net Inflows Signal Market Recovery

Ethereum (ETH) is showing signs of potential recovery. Recent market trends suggest it might have reached its bottom. Over the past few weeks, Ethereum’s volatility has decreased significantly, and net inflows into the network have been on the rise. These developments, combined with increasing whale accumulation and positive investor sentiment, are fueling speculation that ETH may be preparing for a rebound. Ethereum’s price volatility peaked at 81.61% in late February but has since settled to around 15.47%, indicating market stabilization.

Low-priced Ethereum Token Rexas Finance Predicted to Rally 18000% by 2025

Rexas Finance, a low-cost Ethereum-based token priced at $0.20, is gaining traction with its real-world asset tokenization model. Analysts predict a staggering 18,000% surge by 2025, making it a potential big surprise in the market. While Ethereum’s price may be out of reach for many investors, Rexas Finance offers similar features with a more affordable price point.

Vitalik Buterin Calls for Enhanced Wallet Security

Ethereum co-founder Vitalik Buterin has emphasized the need for better wallet security solutions to mitigate crypto losses due to inaccessible funds. On Feb. 28, Buterin expressed concerns that many crypto losses occur because users are locked out of their wallets due to forgotten passwords, lost devices, software bugs, and other reasons, rather than theft. He noted that these investors often have no one to hold accountable and may stay silent due to embarrassment.

Ethereum’s Pectra Upgrade Passes Audit

The Ethereum Foundation has announced that the audit of the Pectra system contracts has resolved all identified issues. The audit covered three Ethereum Improvement Proposals (EIPs)—EIP-2935, EIP-7002, and EIP-7251—out of the 11 included in Pectra. According to the foundation, all significant issues identified during the review have been resolved. The primary objective of the audit was to assess potential vulnerabilities within the contracts and ensure that the contract logic aligns with the intended functions outlined in the EIPs. The Pectra upgrade, which consolidates 11 EIPs, was deployed on the Holesky testnet on Feb. 24.