ETH Price Set for $5000 After Ethereum Dencun Upgrade: Derivatives Data

Ethereum’s much-awaited Dencun upgrade is ready to be deployed on the Ethereum mainnet at epoch 269568, after successfully activating the Dencun network upgrade on all testnets. The Dencum upgrade is estimated to happen at around 2 pm UTC, as per the Ethereum Foundation. The sentiment surrounding the Dencun hard fork has caused ETH price to surpass $2500 and even $4,000. The traders are now eyeing ETH price to hit $5000 after the upgrade.