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Ethereum’s Dencun upgrade enhances scalability, reducing Layer 2 fees, boosting long-term adoption. However, its price impact has been muted, with ETH at ~$3,700. Technical indicators (RSI 58, neutral; rising 200-day MA) suggest steady growth. Market sentiment is mixed, with Solana’s competition denting enthusiasm, but ETF inflows support optimism. Prediction: ETH may reach $4,500-$5,000 by December 2025, driven by institutional adoption and network efficiency, though competition and macro factors could limit gains to 20-30%.
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