Ethereum’s long-term price potential: the integration of fundamental upgrades and macroeconomic resilience

Ethereum's outlook for 2025 is enhanced by basic upgrades and macroeconomic resilience. The Dencun upgrade reduced L2 fees by more than 90%, while Pectra's account abstraction and Fusaka's scalability improvements drive adoption. Institutional investors inflows through ETFs reached $30.17 billion, and EIP-1559 brought a deflationary effect. Analysts expect Ethereum Total Locked Value (TVL) to reach $6,400 by the end of the year, thanks to a total locked value of $153 billion in the DeFi space and a growing tokenized assets of more than $6.5 billion.