The future of Ethereum looks promising as the network continues to evolve and implement significant updates aimed at improving scalability, security, and usability.
Here are some key aspects of the future of Ethereum:
Scalability:
Layer 2 solutions: Significant growth in the use of Layer 2 solutions, such as rollups (optimistic and zk-rollups), sidechains, and state channels, is expected. These solutions process transactions off the main Ethereum chain, greatly increasing throughput and reducing gas fees.
Danksharding: This technology, which is part of the Surge update, aims to further reduce fees and increase throughput, especially for Layer 2 rollups.
Further updates: The Ethereum roadmap includes further updates such as Prague, Osaka, and Amsterdam, which may contain additional scalability improvements.
Security:
Proof-of-Stake (PoS): The successful transition to PoS in 2022 significantly increased the energy efficiency and security of the network. Further updates may strengthen the consensus mechanism.
Focus on decentralization: Ethereum developers are constantly working to enhance the decentralization of the network, which is key to its resilience and security.
Usability and new opportunities:
Account Abstraction: This feature is expected to make Ethereum wallets more flexible and user-friendly, for example, by enabling social recovery and programmable wallets.
Improvements for developers: Upcoming updates may include enhancements to the Ethereum Virtual Machine (EVM) and development tools, making it easier to create and deploy decentralized applications (dApps).
Privacy: Vitalik Buterin recently introduced a roadmap for improving privacy in the Ethereum ecosystem, which may lead to the emergence of new private solutions for wallets and DeFi.
Integration with traditional finance: Growth in the integration of Ethereum with traditional financial systems through regulated bridges and institutional services is expected.
Price forecasts:
Predicting cryptocurrency prices is extremely difficult due to their volatility. However, analysts note factors such as the rise of institutional investments, the expansion of Layer 2 solutions, and technical updates as potential drivers for Ethereum's price growth in the future. Some forecasts indicate a possible reach of ETH at $6,700 by the end of 2025, although others warn of potential corrections.
