With BTC holding strong post-halving, the spotlight is shifting fast to Ethereum, especially as the EIP-7623 upgrade (hypothetical) nears, promising significant improvements in scalability, gas efficiency, and validator incentives.

Why ETH Is Gaining Momentum:

  1. Layer-2 Explosion

    Protocols like ARB, OP, and ZK are seeing record activity. Daily active addresses and TVL are rising steadily, suggesting $ETH’s Layer-2 ecosystem is primed for mainstream adoption.

  2. Institutional Adoption Is Real

    Ethereum ETFs are now live in Canada and Hong Kong. The SEC may follow suit by Q3 2025, and that could be a game-changer for U.S. inflows.

  3. ETH/BTC Chart Breakout

    Technical traders are watching the ETH/BTC pair. A break above 0.07 could trigger a massive rotation out of Bitcoin and into Ethereum.

  4. Deflation + Staking = Perfect Storm

    Post-merge, ETH’s supply has turned deflationary while ~25% of total supply is locked in staking contracts. Scarcity + demand = long-term price pressure.

What This Means for Traders:

  • Spot Strategy: Accumulate ETH before the next ETF rumor cycle begins.

  • Futures Play: Watch for breakout zones near $4,100 with 4-hour confirmation.

  • Altcoin Boost: If ETH runs, so will $LDO, $ENS, $IMX, and $PYTH.