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Has Ethereum Turned Itself Around? Experts Weigh In

“The Ethereum ship is slowly turning around,” claimed David Hoffman from Bankless on April 19. He added that the process started over six months ago and changes are already observable, highlighting six areas of change Ethereum is undergoing. The project went through a rough patch earlier this year with leadership issues at the Ethereum Foundation, developers jumping ship, and record levels of FUD being disseminated. However, despite that, it is still the industry standard network for DeFi, stablecoins, real-world asset tokenization , and decentralized applications. Evolution of Ethereum After primarily being research-focused for years, Ethereum is now recognizing the need to adapt in response to competitive pressures that emerged around 2021, argues Hoffman. He added that the Ethereum community is actively addressing these issues through aggressive layer-1 scaling, with plans to increase gas limits tenfold over two years. There has also been a shift from protocol-first to product-first thinking, with new leadership roles, and the Ethereum Foundation is taking a more active coordinating role with new co-executive directors. He also said there is now a more inclusive culture as the doors to the “Ivory Tower” open, enabling a welcoming ecosystem of voices into roadmap conversations. There is better layer-2 integration and developing interoperability standards, positioning Ethereum layer-1 service provider to L2s. Finally, an increased urgency is embracing shorter roadmap cycles and faster protocol upgrades. “Ethereum’s Strategic Pivot” The Ethereum ship is slowly turning around. In fact, this process started over 6 months ago – changes are already observable I wrote an article on @BanklessHQ doing my best to identify6️⃣arenas of change Ethereum is undergoing Read! pic.twitter.com/zxDOXOlVdP — David Hoffman (@TrustlessState) April 19, 2025 In a recent podcast Ethereum Foundation researchers Ansgar Dietrichs and Dankrad Feist said that the organization was stepping up to facilitate these steps. “Parts of the Ethereum community have been pushing for this shift, while others have been resisting it,” said Hoffman, who added, “Ethereum is a big tent that holds space for many different voices.” The Scaling Debate Uniswap founder Hayden Adams weighed in on the Ethereum scaling debate , stating, “I’m all for scaling improvements to L1, the rollup-centric roadmap actually requires it,” but pointing out that if Ethereum ultimately relies on L1 to support DeFi, Solana may have a stronger roadmap, team, and scaling model. He argued Ethereum should stick to its rollup-centric layer-2 scaling strategy, which it has developed over the past five years. “People need to pick a lane and attempt to mitigate the risks associated with it vs scrambling to shift narratives and strategy every month.” He added that he was also against “just do every approach,” which is probably the only thing worse than not picking an approach. Meanwhile, Ethereum prices remain at March 2023 levels, failing to push much higher than $1,600 so far this weekend. The post Has Ethereum Turned Itself Around? Experts Weigh In appeared first on CryptoPotato . CoinOtag

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Legendary Trader Peter Brandt Unveils End-of-Year Downside Price Targets for S&P 500, Bitcoin and Ethereum

Veteran trader Peter Brandt believes that risk assets such as the S&P 500, Bitcoin ( BTC ) and Ethereum ( ETH ) will see much lower levels by the end of the year. Starting with the US stock market, Brandt tells his 792,500 followers on the social media platform X that the S&P 500 looks bearish after breaching support at 5,800 and retesting the level as resistance. Brandt predicts that the S&P 500 will close the year slightly below 4,500 points. “The Red Dots are where I think we end the year in 2025.” Source: Peter Brandt/X As of Friday’s close, the S&P 500 is trading at 5,282. Looking at Bitcoin, Brandt sees BTC dropping to around the $50,000 price zone after violating a parabola that has kept Bitcoin bullish since 2023. “Not my opinion, but it is what the chart suggests as possible.” Source: Peter Brandt/X At time of writing, Bitcoin is trading for $85,280. Turning to Ethereum, Brandt predicts that ETH will plummet to around $600 by the end of the year. “ETHUSD” Source: Peter Brandt/X At time of writing, ETH is worth $1,616. As for gold, the trader thinks that the precious metal has more room to run to the upside this year. He shares a chart suggesting that gold has broken out of an ascending channel pattern and could hit prices close to $3,600. An ascending channel indicates that an asset is in an uptrend as it prints higher highs and higher lows. A channel breakout suggests that an asset is in the midst of a strong bull market. “Gold Finger, the market with the magic touch.” Source: Peter Brandt/X Gold is worth $3,327 as of Friday’s close. Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post Legendary Trader Peter Brandt Unveils End-of-Year Downside Price Targets for S&P 500, Bitcoin and Ethereum appeared first on The Daily Hodl . CoinOtag