$ETH Ethereum (ETH) continues to consolidate as the leading smart contract platform, driven by the recent Pectra upgrade, which enhances its speed and efficiency. Despite recent underperformance compared to Bitcoin, its on-chain activity continues to grow, with increased participation in staking and a decrease in reserves on exchanges, suggesting accumulation. The current price hovers around $2,500 and faces a key resistance at $2,533. With solid fundamentals, increasing institutional adoption, and technological improvements, Ethereum maintains a positive long-term outlook, although it faces challenges such as competition from faster blockchains and potential global regulatory changes.