$ETH Ethereum ($ETH) continues to establish itself as the leading blockchain for smart contracts, DeFi, NFTs, and Web3 solutions. With the transition to Ethereum 2.0 and the adoption of Proof of Stake (PoS), the network has improved its efficiency and sustainability, reducing costs and energy consumption.
The growth of Layer 2 solutions, such as Arbitrum and Optimism, is helping to scale the network, allowing for faster and more economical transactions. Additionally, the reduction in supply due to the burning of ETH with EIP-1559 has turned Ethereum into a deflationary asset, increasing its appeal as a long-term investment.
With growing institutional demand and expanding use cases, many analysts see strong bullish potential in ETH.
š What are your predictions for Ethereum this year?
