The Ethereum Name Service (ENS), a vital component of the Ethereum ecosystem, is poise for a significant toll addition, according to recent prediction. With a current price of $32. 08, ENS is expected to reach $104. 66 by February 9, 2025, contemplate a 226. 96% rise[1]. This potential surge comes at a sentence when Ethereum (ETH) itself is go through a notable increase in wallet speech adding ETH, suggest maturate interest and demand for the cryptocurrency.

Recent Developments in Ethereum

Ethereum has seen a significant increment in the number of wallet addresses adding ETH since the commencement of 2025. Accord to analysis from Santiment, Ethereum supply 645, 000 wallets in the first 10 days of 2025, importantly outpacing Bitcoin, which added 102, 000 wallets during the like period[3]. This disparity paint a picture a growing interest in ETH and a potential rise in requirement for the cryptocurrency.

Whale Activity and Inadequate-term Recovery Potential

On-chain metrics show that demand for Ethereum surged over the weekend, with orotund holder being net buyer. Inflows of 547, 230 ETH compared to outflows of 321, 650 ETH translate to over $743 million in buying pressure from whale. This stiff whale activity suggests potential recovery for ETH in the number solar day, contingent on the easing of selling pressure and nourish demand[3].

Pectra Upgrade and Ethereum Price Prediction

The upcoming Pectra Upgrade is expected to impel Ethereum (ETH) to $5200, further cement ETH’s position as the blockchain platform of pick. The upgrade land contribution to descale and dealings speed, handle challenges that have hamper Ethereum Price functioning for a long time. Improving processing capabilities for more than transaction per secondly should also lead in a reduced ETH flatulency fee[5].

Expert Insights

According to psychoanalyst, the Pectra Upgrade could labour the Ethereum Price to $5200 from its current floor, and this increment can help all ETH-base tokens. The upgrade cements ETH’s billet as a potential loss leader in the adjacent bullish cycle[5].

Conclusion

The Ethereum Name Service (ENS) is on the cusp of a significant price surge, repel by growing sake and demand for Ethereum (ETH). With the Pectra Upgrade on the horizon, ETH is poised to tone its locating in the cryptocurrency market. As the landscape evolves, investor and stakeholders are closely monitoring ontogeny in ENS and ETH, counter potential future gains.

Key Points:

  • Ethereum Name Service (ENS) Price Prediction: Wait to move up by 226. 96% to $104. 66 by February 9, 2025[1].
  • Ethereum (ETH) Wallet Addresses: Bring 645, 000 wallet in the first 10 day of 2025, outpace Bitcoin[3].
  • Whale Activity: Net buying pressure level of over $743 million suggests potential recovery for ETH[3].
  • Pectra Upgrade: Expected to propel ETH to $5200, come up to scaling and transaction speed challenges[5].

The future of ENS and ETH search promising, with significant electric potential for growth and increased adoption. As the cryptocurrency market preserve to evolve, these ontogenesis will be of the essence to watch.