The future development of Ethereum is full of opportunities and challenges. In terms of technological upgrades, if upgrades such as Pectra and PCRA are successfully implemented, they could enhance performance and user experience. In applications, it still dominates the DeFi sector and is expected to expand into more industries. However, it also faces issues such as community consensus fragmentation and intense competition. If these can be resolved, Ethereum is likely to regain its growth momentum in the future.