#EthereumFuture Ethereum requires increased activity in the blockchain, new use cases and partnerships with both the public and private sectors to restore investor confidence and return to its previous all-time high. As of December 16, 2024, Ether (ETHUSD) is in a downtrend, falling below the psychological barrier of $4,000. In the following weeks, the second-largest cryptocurrency in the world dropped by more than 20%. To change its fate and approach previous highs, Ether needs a boost in core activities in the blockchain. Other layer 1 platforms are gaining popularity compared to Ethereum in terms of applications, use cases, fees, and staking volumes. Ethereum could benefit from enhanced collaboration with public and private institutions, especially in the US, considering recent regulatory achievements that promote blockchain and cryptocurrencies. Additionally, the Department of Government Efficiency (DOGE), led by Elon Musk, could further encourage the adoption of Ethereum.