Ethereum is back: Here’s why ETH bull run is just starting
Ethereum is finally getting back on its feet after months of struggling to catch a real bullish wave. One of the biggest reasons for its slow recovery was Bitcoin’s dominance; whenever BTC moved, ETH was dragged along for the ride.
Not to mention, Ethereum’s major upgrade, Pectra, is around the corner. The devs decided to split it into two phases, with the first part dropping around February 2025. This move could really light a fire under ETH’s price. One major update will let users say goodbye to the hassle of holding ETH just to pay gas fees on the mainnet and layer-2 networks like Arbitrum and Optimism. With Pectra on the horizon, we could see the ETH rocket keep soaring.