One of the most significant milestones was Ethereum’s transition to a Proof-of-Stake (PoS) consensus mechanism in September 2022, known as “The Merge.”
This upgrade reduced the network’s energy consumption by over 99%.
Following this, Ethereum has been focused on enhancing its scalability further through “The Surge” phase.
This initiative aims to increase transaction speeds to 100,000 transactions per second by leveraging rollups, sharding, and other technological innovations.
Ethereum’s ecosystem has also seen remarkable growth in Layer 2 solutions. These enhancements work alongside the main blockchain to make transactions faster and cheaper.
As of late 2024, the total value locked (TVL) in Ethereum L2 networks surpassed $51 billion – a massive 205% increase in just a year.
Institutional interest in Ethereum continues to rise. Ether exchange-traded funds (ETFs) recorded a staggering single-day net inflow of $428.5 million in December 2024.
The Ethereum community remains highly engaged in shaping the network’s future. Events like Devcon SEA demonstrate the network’s commitment to decentralization, privacy, and neutrality.
Looking ahead, Ethereum’s roadmap includes exciting upgrades like “The Scourge,” “The Verge,” and “The Splurge,” all aimed at further refining its performance, security, and user experience.
A recent analysis from suggests that ETH could climb to at least $8,000 in 2025, thanks to increased institutional investment and supportive regulatory developments.
An alternative prediction from the analyst suggests that Ethereum could reach between $20,000 and $25,000 in 2025.
According to Etheraider, after Ethereum surges to the $8,000–$10,000 range, current price targets of $10,000 will likely adjust upwards.
