Ethereum Alert: Parallel Execution Upgrade Could Lead to Price Explosion

• Ethereum proposes scalability with parallel execution
• ETH Price May React to EIP 7928
• Institutionalists observe possible drop in Ethereum

Ethereum may be on the verge of a major change to its network with the EIP 7928 proposal. The central idea is to allow transactions to be processed in parallel, which developers say would increase the efficiency of the blockchain without compromising security.

This proposal includes so-called “Block Access Lists” (BALs), lists that serve as a guide for validators regarding the addresses and data they need to access during the execution of transactions. This will make it possible to perform simultaneous data readings, speeding up block validation and reducing congestion.

Developers expect EIP 7928 to significantly improve Ethereum’s scalability at its base layer. The ability to process more transactions per block could also open up space for higher gas limits and shorter confirmation times.

Ethereum (ETH) Price Analysis

If Ethereum recovers, investors will be waiting for it to overcome the resistance in the $2.500 range. In the previous attempt, the asset faced strong rejection in this region, when many sellers took advantage to take profits and put pressure on the market. At the time of publication, the price of Ether today was quoted at $2.482,98, up 0,5% in the last 24 hours.

According to analyst Crypto Patel, ETH is in the process of correction. He points out that the price could fall below $2.000 before beginning a broader upward movement. According to his estimates, the $1.800 region could represent a strategic buying zone, especially for institutional investors.

Patel projects that, if this support is maintained, Ethereum could reach levels between US$4.000 and US$5.000 in the next appreciation cycle.

$ ETH Pullback Loading: Is $1,800 the Next Big Buy Zone? #Ethereum faced rejection near the $2,500 FVG zone and is now entering a correction phase.

Price may drop into the $1,930–$2,100 FVG zone, which aligns with a strong bullish order block around $1,810.

This area is a… pic.twitter.com/tExGXoojfZ

— Crypto Patel (@CryptoPatel) May 17, 2025

Meanwhile, Ethereum exchange-traded funds (ETFs) have underperformed. Most institutional purchases remain at modest levels, often in the tens of millions of dollars. This suggests that large players may still be waiting for a steeper pullback before embarking on a significant accumulation phase.