Ethereum is undergoing significant protocol upgrades, notably the Purge update, which could have lasting impacts on its ecosystem. These changes are aimed at optimizing performance and scalability.
Alongside these technical enhancements, the rising interest from institutional investors may also play a crucial role in Ethereum's market performance, potentially propelling its value to new heights.
The convergence of these factors makes Ethereum one of the most watched cryptocurrencies, as industry stakeholders speculate on its price trajectory, with some eyeing the $3,000 mark.
