Ethereum’s Mixed June Performance Signals Market Uncertainty

Ethereum experienced a mixed performance during June 2023, exhibiting both periods of growth and decline. This pattern follows historical trends with Ethereum’s June returns often being characterized by volatility. A notable technological advancement driven by the Pectra upgrade in May 2025 may provide an insight into how this upcoming month’s market performance unfolds. 50% price increase was observed following implementation of the Pectra upgrade. This upgrade focused on addressing inflationary pressures via doubling Blobs, leading to deflationary pressure and subsequent price surge.