jakiro
Lu Xun never said: “No matter what evil I committed in my previous life, holding Ethereum will be paid off.” This round of Ethereum Holder never expected Ethereum to be so bad, and once ranked at the bottom of the mainstream project., but it is too early to make a conclusion, and the big market seems to have not ended.If Bitcoin adoption has just begun, then Crypto and Web3 are in the early stages as a whole.In 2025, can Ethereum still be “rescued”?What “events” and “breakthroughs” are worth looking forward to?
01Inflow of spot ETFs
At this stage, Ethereum spot ETFs have been approved for listing in the US stock market for a while. Compared with Bitcoin spot ETFs, there is a certain gap in the speed and volume of capital inflows. However, except for Ethereum, it is not as “out of the circle” and broad consensus.In addition to the height ofCompared with the benefits such as pledge brought by directly holding Ethereum itself, spot ETFs that require no additional income and need to pay management fees and other fees have no advantages.
However, the good news that 2025 is coming is that people from relevant financial institutions are actively promoting the listing of Ethereum spot ETFs that allow additional benefits to accompanying pledge operations.The motivation to promote this matter is still very strong, because financial giants are the main stakeholders of the “hot” trading demand of crypto asset spot ETFs. Pledging Ethereum spot ETFs not only has potential demand, but also has brought friendship with Trump’s appearance.The regulatory environment is easier to obtain approval.
02Ethereum strategic reserves
The strategic Bitcoin reserves that the United States is promoting are one of the main driving forces in the Bitcoin and crypto markets.You should know that among the important strategic reserve assets of the United States, in addition to gold, there is also oil.Therefore, “digital gold” Bitcoin as a strategic reserve has certain feasibility and significance. At the same time, Ethereum, which was once called “digital oil”, also hopes to be listed as a strategic reserve asset.
Compared to Bitcoin,In fact, the Trump family WLFI project supported by Trump is an ecological project deployed on the Ethereum main network.Its main business is based on the support brought by the Ethereum DeFi ecosystem AAVE and Chainlink. At the same time, the project vault has gradually begun to reserve a large amount of ETH and Ethereum ecosystem project tokens, and recently it has even redeemed a large amount of WBTC to ETH.According to the analysis of the 7 multi-signature wallets in the project vault, some wallet addresses are already “old guns” on the Ethereum DeFi ecosystem chain. Therefore, the project team has a high understanding of Ethereum and its ecosystem and is relatively professional in operations.
Given that the team behind Trump is the first to launch the adoption project of the Ethereum ecosystem,We can believe that it has a high degree of recognition of the subsequent development of Ethereum and its ecosystem, and supports the development of high-tech industries such as Web3 and other high-tech industries., which is also in line with Trump’s “America First” concept.Therefore, the possibility of Ethereum as a strategic reserve asset is mentioned in 2025 is not low.
03Ethereum’s next big upgrade
Due to the unsatisfactory performance of Ethereum, the next major upgrade named “Pectra” has not paid much attention. It is reported that 10 EIP improvement protocols have been added to this upgrade plan, mainly involving user experience andLayer2 supports optimization, the main highlights are as follows:
1) Optimization of account abstraction
This upgrade will optimize the wallet usage experience, so that ordinary wallet addresses can also have the complex functions and flexible operations of “contract wallet”, such as “gas payment, social recovery, multi-signature”, etc. These optimizations will further improve theLower the threshold for users and when users use Web3 applications, they can achieve an operating experience like Web2 applications.Lay the foundation for the large-scale adoption of future Web3 applications.
2) Layer2 support optimization
Provide more data space (blobs) for Layer 2 solutions to improve Ethereum’s scaling capabilities.Reevaluate and adjust the cost of calldata, optimize block throughput and storage.Simply put, it is to expand the data space and optimize the cost, so that the supported Layer2 capacity is larger and the cost is lower.
3) Improve the security and flexibility of verifiers
Optimize the voting processing, extraction and other operations of verifiers to improve security and efficiency, while increasing the staking limit of 32ETH, which is equivalent to merging the operating verification nodes, reducing operation and maintenance pressure and improving efficiency, while also reducing a large number of nodes between networks.Stresses such as point-to-point messaging and data storage.
In short, Ethereum’s Pectra upgrade will provide support to the Ethereum ecosystem with more user experience, higher scalability and more stable node network at the bottom of the technology.
04Ecological application outbreak and technological progress
At this stage, more and more major institutions such as the Trump family’s DeFi project, Sony’s Layer2, Deutsche Bank’s Layer2 and other major institutions are building Web3 applications and infrastructure solutions on Ethereum.The Ethereum ecosystem is the first choice.
The Ethereum ecosystem is mature, rich, diverse and leading in terms of technical resource reserves, development history, development team support, on-chain fund size, client security and wallet user experience.By the same token, in the next stage of the 2025 market, whether it is the strong recovery of DeFi or the popularity of tracks such as AI Agent,As the underlying infrastructure, Ethereum will benefit significantly from the adoption of these ecological applications and the prosperity of on-chain activities. The benefits include but are not limited to the inflow of funds, consumption of Gas, deflation of Token supply, etc.
With the launch of Unichain, the OP Super Chain family has added another heavyweight player. Layer2’s cross-chain liquidity is expected to make progress in 2025, and then combined with the upgrade and optimization support of Ethereum itself,The potential energy formed by major Layer2 groups will be combined to form unprecedented competitive pressure on some high-performance new public chains.
In the past, some people always said that Ethereum’s Layer2 failed. The blood-sucking main network does not bring any benefits to the main network, but we have also seen the prosperity of Layer2 in recent times.Data from ultra sound money shows thatLayer2’s blob fee has become one of the major Gas burners on the Ethereum main network, which also shows the success of Layer2’s expansion plan.
The real-time statistical data chart of L2Beat also reflects that Layer2 inflows exceeds US$55 billion. Calculated by transaction volume, the total expansion is more than 2,500% of the original main network.
For large companies and institutions outside the circle such as Sony and Deutsche Bank, Layer2 is an excellent entry point for Web3 business, which does not require a large amount of technical reserves and resource investment to start. It is natively supported by the Ethereum ecological community, so inLed by the success of these institutions, the real wave of institutional adoption of Layer2 will also arrive soon.
05summary
In fact, many people know that the advantages of Ethereum and its ecosystem are quite obvious.But I didn’t expect that the current Ethereum volume is no longer something that funds like the previous two rounds of market conditions can be quickly driven.Obviously this is not an easy task, just as the size of Bitcoin, the large inflow of institutional funds to obtain spot ETFs and the strong expectations of US strategic reserve assets were able to rise rapidly.However, compared with Bitcoin, Ethereum also has additional support for technological upgrades and the development of the Web3 ecosystem. There are still many highlights in 2025, so let’s wait and see.
