Ethereum’s Uncertain Future: Will the Pectra Upgrade Spark a Revival?

After failing to break past its December 2024 ceiling, Ethereum (ETH) has been stuck below $1,900, leaving many traders questioning its future trajectory. Despite reaching $4,000 briefly last year, momentum faded quickly, raising concerns about Ethereum’s continued dominance. The derivatives market offers little optimism: ETH futures remain below the typical 5% annualized premium seen during bullish phases, highlighting institutional hesitation. 2025’s regulatory landscape added to the uncertainty, with the U.S. government excluding ETH from its