Ethereum's transition to a proof-of-stake network has significantly enhanced its energy efficiency, scalability, and composability. The network's roadmap includes the Cancun-Danksharding upgrade in March 2024 and the Prague-Electra (Pectra) upgrade in Q1 2025, both aimed at reducing Layer 2 gas fees and improving transaction throughput. These developments are expected to bolster Ethereum's position in the DeFi space, where total value locked (TVL) is projected to reach $200 billion by 2025.
Institutional adoption, regulatory clarity, and Ethereum's deflationary dynamics are further supporting its value proposition. Analysts suggest that these factors could propel Ethereum's price to $10,000 by 2030, although challenges from competitors and macroeconomic conditions could impact this trajectory.
Ethereum Eyes $10,000 with Upcoming Upgrades and Adoption
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