Ethereum (ETH) 
$3,030.16gained momentum again and rose above the $ 3,000 level before the highly anticipated Fusaka update. ETH, which gained 3 percent in value in the last 24 hours, returned to its upward trend with the effect of the recovery in the cryptocurrency market. Bitcoin 
$91,270.62exceeding the $90,000 threshold and Solana (SOL), Ripple (XRP) 
$2.21Dogecoin 
$0.154092 like (DOGE) altcoinThe recoveries in ‘s also supported the positive atmosphere in the market.
Fusaka Update Will Increase Ethereum’s Efficiency
It will be put into operation on December 3 Fusaka update It will bring significant performance improvements in both execution and consensus layers of Ethereum. The developers explained that thanks to the system called PeerDAS, data accessibility tasks will be distributed to random groups of nodes. This method will reduce rollup transmission costs while increasing the data capacity of the network by approximately eight times.
The main goal of the update is to reduce transaction costs and expand the use of Layer-2 (L2) solutions. According to experts, developments on this side will accelerate the use of Ethereum in areas such as decentralized finance (DeFi), gaming and tokenization of real-world assets (RWAs). Market participants, on the other hand, have a cautious attitude before the update. Recent price weakness suggested that investors were awaiting technical confirmation.
Eyes on $3,500 Target as ETF Inflows Support the Rise
According to 26 November data, spot Ethereum ETF‘s remained positive for the fourth consecutive day, attracting inflows of $60.82 million. spot in the same period Bitcoin ETFWhile there was an inflow of $21.12 million, there was an outflow from Fidelity’s FBTC ETF. XRP ETFWhile ‘s saw an inflow of $21.81 million, there was a net outflow of $8.1 million to Solana ETFs. Data shows that investor interest is shifting towards Ethereum.
ETH The price of the coin is trading around $3,030 at the time of writing. According to analysts, exceeding $ 3,200 may open the door to a new rise that may extend to $ 3,300 and $ 3,400. The $3,500 level is considered as confirmation of a strong recovery in the long-term outlook. On the other hand, if it falls below $3,000, it is possible to retest the $2,900 or $2,700 regions. In technical indicators MACDThe positive intersection of and RSIThe balanced outlook of 64 indicates that the upward trend continues.
