Ahead of its incoming Fusaka Upgrade, Ethereum has announced a new Nimbus testnet going live. Nimbus, an Ethereum consensus layer client that runs Ethereum’s proof-of-stake network, is now available for user testing. According to Nimbus, it is a “high-urgency release for the Hoodi, Sepolia, and Holesky testnets.” Holesky testnet is scheduled to end on Sept. 30, 2025, and Hoodi will replace it for validator testing.

The Fusaka hard fork is scheduled to go live in November, barring any issues on the Ethereum network. It will mark a critical milestone for the Ethereum blockchain, and is expected to propel ETH’s price higher if it succeeds. Following previous successful forks and network upgrades, Ether’s price has gone higher. Thus, a successful Fusaka launch could send Ethereum towards the long-awaited $5k mark and beyond.

The price of Ethereum rebounded on Friday after riding a seven-day losing streak. Currently maintaining above $4,000, the crypto coin hopes to reclaim and regain the $4,100 price level this weekend. The asset has now fallen 23% since its ATH reached 4 weeks ago. Fortunately, experts have expressed positive price projections for ETH in the future. Per Javon Marks, Ethereum is bound for a parabolic run, ultimately hitting the high of $8000 in due time.

Also Read: Ethereum (ETH) Price Prediction For September End 2025

Beyond that mark, BitMine CEO Tom Lee insists that Ethereum has strong growth potential to close out this year. The analyst insists that the price of Bitcoin may reach $250,000 by the end of the year and that Ether’s price will follow, perhaps to the $12,000-$15,000 range. During his latest interview, the BitMine chairman described Ethereum as a “truly neutral chain,” adding that the platform is likely to attract growing support from both Wall Street and the White House. Lee said that both the White House and Congress appear to be focusing primarily on Ethereum. As a result of the growing institutional interest, a surge could be inbound, mimicking the climb seen late this summer.

According to CoinCodex ETH stats, Ether is expected to stabilize by October, as ETH may hit a new price high of $4500 by mid-October 2025. “According to our current Ethereum price prediction, the price is predicted to rise by 11.61% and reach $4,415.93 by October 26, 2025. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 44 (fear). By December 2025, the token may surge to hit the ultimate price mark of $6500, per CoinCodex