$ETH is going through a critical stage in 2025, facing significant challenges that affect its position in the cryptocurrency market. In the last three months, its value has decreased by 40%, surpassed by competitors like Solana and Cardano iteturn0news12. Factors such as increasing competition, decreasing user activity, and the lack of advancements in the adoption of layer two (L2) solutions contribute to this situation. However, $ETH Ethereum remains a key platform in the blockchain ecosystem, supported by institutional developments and an active community. The upcoming "Pectra" update is expected to improve the scalability and efficiency of the network, which could positively influence its future of $ETH .