$ETH

Ethereum has recently sparked heated discussions due to technical upgrades and market fluctuations. As the second largest cryptocurrency in the world, Ethereum completed its 'Merge' upgrade in 2022, transitioning to a more energy-efficient Proof of Stake (PoS) mechanism, solidifying its core position as the infrastructure of Web3. Since 2024, with the Cancun upgrade optimizing Layer 2 performance, the trading efficiency of the Ethereum ecosystem has significantly improved, and the activity in sectors such as DeFi and NFTs has rebounded.

Currently, the ETH price fluctuates in the $3000 range, still distant from its historical highs, but institutional investors maintain confidence in its long-term value. Analysts point out that the shift in the Federal Reserve's monetary policy, progress in Ethereum ETF approvals, and the explosion of ecological applications could serve as catalysts for future prices. However, regulatory uncertainties and intensified industry competition still pose risks. Whether Ethereum can consolidate its advantages through technological iterations will become an important barometer for the blockchain industry.