# What's Next for ETH? *Author: Bankless* *Published: Jun 17, 2024* *Source: https://www.bankless.com/de/whats-next-for-eth* --- [![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/06/Frame-50572--1--2.png)](https://www.bankless.com/sponsor/mantle-1706216729?ref=ethereum-pectra-eips&email=true) What's Next for ETH? Published on June 17, 2024 [ View in Browser ](https://bankless.com/read/briefs) --- [**Sponsor: Mantle**](https://www.bankless.com/sponsor/mantle-1706216729?ref=ethereum-pectra-eips&email=true) — Mass adoption of decentralized & token-governed technologies. [Visit mantle.xyz to Learn More](https://www.bankless.com/sponsor/mantle-1706216729?ref=ethereum-pectra-eips&email=true) .  .  . NEED TO KNOW ZK Token Claims Launch [![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/06/Group-15--50-.png)](https://www.bankless.com/dashboard)- 💤 **ZKsync's ZK Token Goes Live. **The ZK token is currently trading at a fully diluted value of $4.7 billion. [*Read more on Bankless.com*](https://www.bankless.com/zksyncs-zk-token-goes-live) - 🥇 **Tether Enters the Gold Game.** The USDT giant releases a gold-backed stablecoin. [*Read more on Bankless.com*](https://www.bankless.com/gold-tether-stablecoin) - **👋 SEC's Top Crypto Enforcer Quits.** David Hirsch, head of the SEC’s Crypto Asset and Cyber Unit, steps down. [*Read more on Bankless.com*](https://www.bankless.com/secs-top-crypto-enforcer) .  .  . MARKET VIBES ZK's Rough Debut **📸 Daily Market Snapshot: ***Altcoin wreckage deepened today, even amid ZKsync's much-hyped token launch. ZK is trading at nearly half its *[*pre-launch estimate*](https://app.aevo.xyz/perpetual/zk)*s, a disappointing debut that is also dressing down other tier-two L2 tokens like *[*STRK*](https://coinmarketcap.com/currencies/starknet-token/)*.* Prices as of 5pm ET 24hr 7d ![](https://banklesspublic.b-cdn.net/cmc.png) **Crypto** $2.41T ↘ 1.1% ↘ 4.7% ![](https://banklesspublic.b-cdn.net/btc.png) **BTC** $66,601 ↗ 0.2% ↘ 4.2% ![](https://banklesspublic.b-cdn.net/eth.png) **ETH** $3,520 ↘ 2.0% ↘ 4.0% ![](https://s2.coinmarketcap.com/static/img/coins/64x64/11419.png) **TON** $7.74 ↘ 3.8% ↗ 8.0% --- 🔒**New Token Rating: **The Open Network’s **TON** coin has been one of the top-performing tokens of 2024. Can it continue to shine as an out-performer?[Unlock TON Token Analysis](https://www.bankless.com/ton-token-rating-6-17/) .  .  . ANALYSIS Unpacking Pectra: Ethereum's Next Upgrade Bankless Author: [ William M. Peaster](https://x.com/WPeaster) [![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/06/image---2024-06-17T171529.511.png)](https://www.bankless.com/ethereum-pectra-eips)Ethereum is always pushing forward. **What's coming next?** Pectra is the *next *major Ethereum upgrade, and it’s set to be an even bigger deal than Dencun was.  Pectra combines two previously planned upgrades: Prague (for the execution layer) and Electra (for the consensus layer).  By merging these specs, Pectra aims to bring several ambitious improvements to Ethereum, making it more flexible and optimized than ever before. *What's Pectra all about? We've got you covered in today's article* 👇 [Read the Analysis](https://www.bankless.com/ethereum-pectra-eips) --- --- *This article is brought to you by [MetaMask](https://www.bankless.com/de/sponsor/metamask-1776260643?ref=whats-next-for-eth)*