Looking back at 2024, Ethereum's performance can be described as a mixed bag of joy and sorrow. Despite a nearly 43% increase year-to-date (YTD), which should be worth celebrating, it pales in comparison to Bitcoin's (BTC) astonishing rise of over 115% during the same period. Moreover, emerging alternative Layer-1 blockchains like Solana (SOL) and SUI have far outperformed ETH throughout this year. However, fortunes change, and the situation is about to shift! Experts have keenly sensed that ETH's turning point may be approaching, with the first quarter of 2025 expected to mark a turning point for this leading global smart contract platform, ushering in a new bullish phase.

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