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

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