$ETH
Ethereum Turns Bullish: A Year of Growth and Optimism
Introduction: Ethereum's Bright Horizon
In the past year, Ethereum (ETH), the world's second-largest cryptocurrency by market capitalization, has undergone a significant transformation. From network upgrades to increased institutional interest, Ethereum has shown a bullish trend that has investors and analysts confident about its future trajectory. With the recent implementation of Ethereum 2.0 upgrades and the expansion of Layer 2 solutions, the ecosystem has never been stronger.
Ethereum Price Performance: A Year in Review
Over the last 12 months, Ethereum’s price has rebounded impressively, recovering from bearish lows and reaching new highs post-merge. Starting at around $1,800 in mid-2024, ETH crossed the $3,500 mark by mid-2025, representing a nearly 100% increase. This resurgence was driven by several key factors:
Key Factors Behind the Bullish Trend
1. Ethereum 2.0 and Network Upgrades
The shift to Proof-of-Stake, completed in 2022, has finally started showing long-term benefits. The Dencun and proto-danksharding upgrades reduced gas fees and improved transaction throughput. These enhancements made Ethereum a more attractive platform for developers and businesses.
2. Explosion of Layer 2 Networks
Rollup technologies such as Arbitrum, Optimism, and Base have brought scalability to the Ethereum network. More users and developers are building dApps on these faster, cheaper chains, further strengthening the Ethereum ecosystem.
3. Institutional Interest and Adoption
Bitcoin in the coming cycle.”
Raoul Pal has long been bullish on Ethereum due to its strong network effects and developer activity. He believes Ethereum will be the central infrastructure layer for Web3.
Cathie Wood – ARK Invest
> “Ethereum's programmable nature gives it a unique edge in a world moving toward tokenization. As DeFi and NFT platforms mature, we see long-term growth for Ethereum as a utility-based asset.”
Wood's ARK Invest has been adding Ethereum exposure to their .