ETHShanghai 2025 concluded on October 22, emphasizing the theme "Scaling Ethereum, Shaping an Open Future." Key discussions centered on Ethereum's scalability, AI agents, and regulatory compliance. Vitalik Buterin highlighted the role of prediction markets as information mediums and stressed the importance of AI agent security and ZK ID. Xiao Feng noted Ethereum's first-mover advantage and continuous optimization as barriers to its displacement. The Ethereum Foundation identified three hurdles for mass adoption: scalability, user experience, and trust, advocating for advancements in L1+L2 solutions, account abstraction, and upgrade pacing. Tomasz discussed ERC-8004/x402 as foundational for the AI agent economy. The event also featured forums on RWA, TradFi integration, and the Web3×AI paradigm, urging a shift from infrastructure to application prosperity.