Ethereum's 2023 Upgrades and Improved Regulatory Outlook Drive Market Optimism According to CoinTelegraph, Ethereum (ETH) is poised for a strong year in 2023, driven by upcoming network upgrades, increased adoption of AI agents, rising institutional interest, and a more crypto-friendly regulatory environment. Ethereum's Pectra upgrade is anticipated to debut in 2025, bringing enhancements such as increased validator requirements, reduced staking costs, and improved wallet functionality. These upgrades are expected to enhance Ethereum's efficiency and scalability. The shift in tone from the Trump administration has created a more supportive environment for cryptocurrency projects, while the rise of AI agents on layer-2 networks and continued inflows into ETH spot ETFs are also contributing to the bullish sentiment. Additionally, the entry of new players such as Deutsche Bank into layer-2 network development is another positive indicator for the Ethereum ecosystem. With these developments unfolding, the Ethereum market is brimming with optimism as it gears up for a promising 2023.