#EthereumFuture
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Ethereum is poised for significant developments in 2025. The upcoming "Pectra" upgrade aims to enhance scalability and reduce transaction costs, building upon the 2024 "Dencun" update that introduced Proto-Danksharding to lower Layer-2 fees. Industry experts predict Ethereum's price could reach between $10,000 and $14,000, driven by increased institutional adoption and the approval of spot Ether ETFs. The platform's dominance in decentralized finance (DeFi) remains strong, with a Total Value Locked (TVL) of $68.22 billion as of December 2024. However, challenges persist, including high gas fees and scalability issues, which Ethereum aims to address through its planned upgrades.