The week has been difficult for the Cryptocurrency market. But in the midst of the ongoing Baissearten affecting a variety of assets, Shiba Inu is expected to get a much needed upswing from an upcoming Ethereum (ETH) upgrade that may be able to reverse the ongoing 12% case affecting Shib.
On one mail to x (Previous Twitter), the project’s marketing management Lucie noted that Ethereum upcoming “Pectra” upgrade at Shibarium should provide a variety of improvements to the ecosystem. The planned to be released in April 2025 will merge two remarkable improvements into a single development to improve scalability, efforts and user experience.
Shibarium x Ethereum upgrade
Ethereums Pectra upgrade will make Layer 2 solutions faster, cheaper and easier to use.
✅Cheaner bridge – users do not need ETH for gas fees when they move assets, reduces costs and friction.
✅Easier Onboarding – new users can start using … https://t.co/gzmwcjisud
– 𝐋𝐔𝐂𝐈𝐄 (@lucieshib) February 27, 2025
Ethereums Pectra upgrade to benefit Shiba Inu: So what does it mean for Shib?
The second half of February has been difficult for the Cryptocurrency market. Look no further than Bitcoin to see the extent of the damage. The leading crypto had actually reached a $ 110,000 price in January this year. Alternatively, it was about $ 84,000 to end the week.
It has hit the entire asset class as a whole. But things can be prepared to turn for a meme coin in the short term. Specifically, Shiba Inu is expected to get a Boost from Ethereum (ETH) Pectra upgrade It can help Shib to turn its last 12% case.
Also read: Shiba Inu exceeds bitcoin, XRP: Shib to $ 0.000025 Soon?
This can be set to get Shib back on the right track. There are some who expect a quick turn for the second largest MEME coin. Cryptocurrency Price Patance Platform Coinkodost Project Shib to jump 116% in March this year. They actually expect access to reach a maximum price of $ 0.0030 before the month is over.
