$ETH market has been one to watch over the past year. With Ethereum's transition to proof-of-stake, the token has not only solidified its place in the crypto market but also shown remarkable resilience against market downturns. This shift is part of Ethereum's broader strategy to become more environmentally friendly while scaling up to handle increased transaction loads. The introduction of layer 2 solutions like Optimism and Arbitrum has further bolstered Ethereum's capacity, reducing gas fees and speeding up transactions. This is critical as more and more applications, from DeFi platforms to gaming and art through NFTs, rely on Ethereum’s blockchain. Investors and enthusiasts are keeping a close watch on how these developments will translate into real-world adoption and value appreciation for $ETH, especially with the backdrop of global economic conditions.