The Ethereum 2.0 upgrade, transitioning from Proof of Work to Proof of Stake, aims to enhance scalability, security, and energy efficiency. Its long-term impact on Ethereum’s price trend is multifaceted. Improved transaction capacity and lower fees could drive adoption, boosting demand and potentially increasing ETH’s value. Energy efficiency aligns with growing ESG concerns, attracting institutional investors. However, the upgrade’s phased rollout, starting in 2020 and ongoing into 2025, introduces uncertainty—delays or technical issues might erode confidence, pressuring prices downward. Market sentiment, competition from rival blockchains, and macroeconomic factors like interest rates also play roles. Historically, major upgrades spark volatility; ETH surged post-merge in 2022 but later stabilized. Long-term, if Ethereum 2.0 delivers, analysts predict a bullish trend, though short-term fluctuations remain likely as the network matures.