Here’s a detailed look at Ethereum’s future based on current trends, ongoing development, and market dynamics:
🔮 1. Ethereum 2.0 and Scalability Improvements
✅ What’s Happening?
Ethereum transitioned from Proof of Work (PoW) to Proof of Stake (PoS) in 2022 with “The Merge”, significantly reducing energy consumption by over 99%. Now, Ethereum is focused on scaling.
Massive scalability improvements will allow Ethereum to process thousands of transactions per second (compared to ~30 today), positioning it to support mainstream adoption of DeFi, gaming, and dApps.
❗Competition
• Other blockchains (like Solana, Avalanche, and newer chains like Aptos or Sui) offer faster speeds and lower fees.
• However, Ethereum maintains a significant network effect.