The Ethereum currency witnessed notable transformations in 2025 amidst significant challenges in the market. The price of the digital currency fell below $1600 during some periods, with continuous fluctuations around the $1800 level. Among the most prominent exclusive events in 2025, the Ethereum network managed to regain its dominance in the decentralized exchange market, surpassing Solana for the first time since September 2024, with trading volumes of $64.6 billion compared to $52.6 billion for Solana, reflecting the network's strength in the decentralized finance space despite the challenges.

In addition, the network experienced a sharp decline in block fees, which represent a major source of revenue, by up to 95% after the Dencun upgrade in March 2024, which moved layer two transaction data to off-chain storage, reducing costs for users but negatively impacting the network's revenue. Standard Chartered Bank also reduced its price forecast for the currency in 2025 from $10,000 to $4,000, citing the impact of layer two solutions on market value.

Despite these challenges, the digital currency remains a key focal point in the world of cryptocurrencies, with mixed expectations among analysts regarding its future, as some point to the potential for recovery with improved market indicators, while others warn of continued price pressures.