December 2024 may become a turning point for Ethereum, with forecasts suggesting a price range from $3,400 to $3,800. This forecast is driven by major network upgrades and increased institutional interest. The transition of Ethereum to a fully consensus mechanism of proof-of-stake is expected to enhance efficiency and scalability.

By December, institutional interest in Ethereum is anticipated to surge, leading to the emergence of more financial products based on ETH. This influx of capital could provide significant support for the price of Ethereum.