Ethereum, the backbone of DeFi and NFTs, is evolving post-merge with ETH 2.0. The network’s shift to proof-of-stake has reduced energy consumption by over 99%, addressing environmental critiques.
Layer-2 Expansion: Solutions like Arbitrum and Optimism are reducing fees and attracting users back to Ethereum.
Price Targets: ETH has solid support at $4,700, with potential upside to $5,500 if bullish momentum continues.
Investors should keep an eye on ETH’s staking yields and the growth of liquid staking derivatives like Lido.