4 things must happen before Ethereum can reclaim $2,600

Quick Summary:

Ultimately, Ethereum's focus on decentralization and incremental improvements—whether justified or not—could be stemming demand compared to its competition.  Weak onchain activity and institutional demandThe lack of demand from institutional investors is evident in the spot exchange-traded fund (ETF) flows, which were negative in nine of the last 10 trading days, resulting in $406 million in net withdrawals.

Related: DeFi TVL drops by $45B, erasing gains since Trump electionLastly, traders are concerned that the US Securities and Exchange Commission may approve a spot Solana ETF in 2025, creating direct competition for investors who currently only have access to Ether and Bitcoin (BTC) ETF products.

Ethereum’s upgrades and increased competition For some, the upcoming Pectra upgrade on the Ethereum network falls short of what is needed to drive a meaningful turnaround, whether it lowers base-layer transaction fees or significantly enhances usability.

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Article Details

Author / Journalist: Cointelegraph by Marcel Pechman

Category: Crypto

Markets: United States

Topics: Ethereum Decline Ether Investors Future Price Supply Market Network Traders Demand

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-10 @ 21:30:00 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 685 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 26865219

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 928 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #11

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