⚙️ Key Factors Influencing Ethereum’s Trajectory
•Technological Upgrades: The upcoming Pectra update aims to simplify smart contract transactions and allow transaction fees to be paid in tokens other than ETH, potentially enhancing Ethereum’s competitiveness. 
•Institutional Adoption: The approval of Ethereum ETFs by the SEC in May 2024 could ease institutional investment, positively influencing Ethereum’s price. 
•Market Dynamics: Ethereum’s price movements are also influenced by broader market trends, including Bitcoin’s performance and overall investor sentiment.
