Ethereum (ETH) is once again in the spotlight as prices climb sharply ahead of a major network upgrade scheduled for this quarter. The upgrade aims to enhance scalability, reduce transaction fees, and improve the overall efficiency of the Ethereum blockchain.
The move comes at a critical time, with Ethereum continuing to dominate the DeFi and NFT sectors. Analysts suggest that the upgrade could attract new developers and projects, while also boosting adoption among mainstream users.
Investors are optimistic that Ethereum could regain momentum against Bitcoin, with many pointing to a renewed “flippening” debate. Still, challenges remain, including competition from fast-rising blockchains like Solana and Avalanche.
For traders, the near-term price action may remain volatile, but if the upgrade delivers as promised, ETH could see stronger inflows and long-term growth.
