Ethereum Hits $3,200! Here’s How Fusaka Could Push It to $4,262 (Really!)

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So, Ethereum just pulled off a nice little trick with its Fusaka upgrade on the mainnet. This marks its second major network update for 2025, as if the first one wasn’t enough.

With PeerDAS now live (yes, that’s a thing), ETH has blown right past the $3,200 resistance zone. Traders are sitting on the edge of their seats, wondering if this thing can keep going, or if it’s just another crypto hype cycle. But who knows, right? 🤷‍♂️

Fusaka, The Upgrade We Never Knew We Needed

Ethereum flipped the switch on Fusaka on December 3 at 22:04 UTC. What’s the big deal, you ask? Well, it rolls out PeerDAS technology, which promises up to 8x data throughput for rollups. And get this-the gas limit? It’s going from 45 million to 60 million units. Hold your applause. Oh, and R1 curve support is in there too, just to make sure the user experience doesn’t totally suck.

Ethereum now handles between 1.3 and 1.8 million transactions per day. It’s got over $73 billion locked in DeFi. Let that sink in. Oh, and Fusaka is especially important for Layer 2 stuff, like Arbitrum, Base, or Optimism, since it helps keep fees low. Because who wants to pay a fortune just to send a few ETH, am I right? 🙄

But, of course, the community will be monitoring this thing for any issues over the next 24 hours. So, no pressure. 😅

Fusaka is live on Ethereum mainnet!

– PeerDAS now unlocks 8x data throughput for rollups
– UX improvements via the R1 curve & pre-confirmations
– Prep for scaling the L1 with gas limit increase & more

Community members will continue to monitor for issues over the next 24 hrs.

– Ethereum (@ethereum) December 3, 2025

ETH Breaks the $3,200 Barrier (FINALLY!)

ETH is now cruising at $3,231. That’s a 7.38% jump in the last 24 hours. It’s like watching a plane take off, except this one might actually land somewhere profitable. The price has bulldozed through the $3,154-$3,200 resistance zone. Traders are calling this a “bullish” signal. Yeah, sure, let’s hope so.

This feels kind of like the pre-Pectra phase back in May 2025 when Ethereum shot up 56% in just a week after that upgrade. Classic crypto drama. Technical charts are showing a “bullish divergence” because, apparently, price is still down from November but RSI is giving us the “higher low” signal. Yeah, whatever that means. 🎢

Oh, and the on-chain data isn’t hurting either. Addresses with at least $1 million in ETH have gone from 13,322 to 13,945. That’s like $623 million in extra accumulation by the big players. Can’t imagine that’s a coincidence. 🤔

Next Stops on the ETH Rollercoaster

So now that $3,200 is history, the next big target is $3,653. But hey, if we get lucky (or if the crypto gods are in a good mood), we could see a 56% rally from Pectra, which might bring us to $4,262. It’s not impossible, right? 🤞

The squeeze is on. $ETH surges above $3,200 and is now up +17% off Monday’s low.

– Noble Investing (@NobleInvesting) December 4, 2025

On the flip side, if it starts dipping below $3,200, we might be looking at some serious trouble. A drop below $2,996 would weaken the whole bullish situation, and we might end up seeing $2,873 or even $2,618. And at that point, who even knows?

For now, if Ethereum can stay above $3,200, we might actually be witnessing the start of something big. Or not. 😬

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2025-12-04 05:14