Ethereum Price Faces Crossroads: Will It Reach New Heights or Fall Short?

Ethereum’s journey continues as it approaches the $2,550 mark, but faces hurdles like network congestion, scalability limitations, and inconsistent costs. While some see this as a chance for new protocols to redefine resilience, others question Ethereum’s ability to break free from these constraints. The upcoming EIP-4844 (proto-danksharding) update could potentially ease these challenges, but the pressure remains high. Ethereum’s future hinges on its ability to evolve beyond simply a transaction platform and become a robust, seamless utility engine. This transition will require overcoming resistance at key price levels, including the critical support of $2,320 and the immediate danger zone at $2,435.