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According to BlockBeats, on January 3, monitoring data from Farside revealed that the U.S. spot Ethereum ETF experienced a net outflow of $77.5 million the previous day.

On Jan 02, 2025, 14:32 PM(UTC). According to Binance Market Data, Ethereum has crossed the 3,500 USDT benchmark and is now trading at 3,504.689941 USDT, with a narrowed 5.16% increase in 24 hours.

According to Foresight News, Evan Van Ness, the founder of Ethereum Weekly Newsletter, announced the cessation of its operations. Van Ness stated that following a conversation with the leadership of the Ethereum Foundation (EF) earlier this year, it was concluded that continuing the newsletter was deemed unvaluable. For the remainder of 2024, the newsletter received minimal financial support from the Ethereum Foundation, which was largely symbolic. However, the EF leadership decided to withdraw even this modest support. Van Ness noted that this decision clearly indicated that it was time to end the Ethereum Weekly Newsletter.

On Jan 02, 2025, 01:06 AM(UTC). According to Binance Market Data, Ethereum has crossed the 3,400 USDT benchmark and is now trading at 3,401.709961 USDT, with a narrowed 1.38% increase in 24 hours.

According to BlockBeats, data from Etherscan on January 1 indicates that the gas fees on the Ethereum network have increased to 52.6 gwei.

According to PANews, data from Dune reveals that Ethereum Name Service (ENS) saw a significant increase in new domain registrations in December, reaching 19,139, the highest since September 2024. The total number of active domains currently stands at 1,773,835. Additionally, the number of unique user addresses participating in ENS has reached 862,315, while the number of names set has surpassed 900,000, totaling 908,267.

According to Odaily, Aave co-founder Stani has expressed optimism about Ethereum's prospects in 2025. The upcoming Pectra upgrade is expected to enable Externally Owned Accounts (EOAs) to function like smart contracts, enhancing the scalability of smart wallets and improving user experience and security. Additionally, the introduction of blob space is anticipated to significantly boost scalability. This will be achieved by dynamically adjusting blob limits at the consensus layer, thereby enhancing Ethereum's data availability scalability on both the mainnet and Layer 2. Pectra represents the largest upgrade among the included Ethereum Improvement Proposals (EIPs) and marks a significant step forward for the platform.

Analysts at 10x Research suggest Ether may struggle to deliver substantial gains in the upcoming bull market, citing underwhelming performance in 2024 and ongoing concerns about its medium-term investment viability.Active Validator Concerns:A 1% decline in active validators over the past month raises questions about Ethereum’s network participation and overall demand outside staking.Comparative Performance:While Bitcoin surged 121.4% in 2024, Ether delivered a modest 46.29% return, further cementing its underperformance relative to BTC.Bitcoin ETFs attracted $35.27 billion in inflows versus $2.66 billion for Ether ETFs, highlighting a preference for Bitcoin among institutional investors.Analyst PerspectivesBearish View:Markus Thielen, 10x Research:Ether’s lack of significant demand and delayed upgrades, such as the Duncan upgrade, hindered its ability to capitalize on market trends.He remains skeptical about the upcoming Pectra upgrade, suggesting historical upgrades rarely lead to substantial price gains.Bullish Outlook:Michael van de Poppe, MN Capital:Believes Ether could strengthen against Bitcoin in early 2025, potentially breaking the 0.04 ETH/BTC ratio in January.Neutral Stance:Other traders predict Ether’s price could either break out past $3,554 or retest $3,000, depending on broader market dynamics.Key Metrics to WatchActive Validator Growth: Trends in validator participation will likely influence investor confidence.ETH/BTC Ratio: Currently at 0.03571, a breakout above 0.04 could signal a shift in Ether’s relative strength.Market Catalysts: Upcoming Pectra upgrade and broader adoption trends will play a critical role in shaping Ether’s trajectory.While Ether’s outlook for 2025 remains uncertain, its underperformance relative to Bitcoin and network challenges suggest a cautious approach for investors. However, bullish catalysts and potential adoption shifts could provide the momentum needed to regain investor confidence, according to Cointelegraph.

According to Odaily, data from Dune Analytics compiled by Hildobby reveals that Ethereum has averaged over 21,000 blobs daily over the past two months, indicating a growing user preference for Layer 2 scaling solutions. The cost of publishing blobs fluctuates with network demand. GrowthePie reports that fees related to blobs on Ethereum reached approximately $4 million in the past month. These fees, paid in ETH, are burned, permanently removing these tokens from circulation and affecting supply. The popularity of blobs has significantly impacted the Ethereum ecosystem, particularly its ETH burn rate. Ultrasound.money data shows that in the past week, blobs have become the primary source of ETH burning on Ethereum, destroying 453.24 ETH, surpassing the amount burned by the largest on-chain DEX, Uniswap, which burned 396 ETH in the same period. However, over the past 30 days, Uniswap remains the largest ETH burner, contributing 4,681 ETH, while blobs accounted for the destruction of 1,068 ETH.

According to Odaily, on-chain analyst Ali shared insights on X, highlighting that the significant Ethereum resistance zone for 2025 is expected to be between $4,100 and $3,900.

On Dec 31, 2024, 16:32 PM(UTC). According to Binance Market Data, Ethereum has dropped below 3,400 USDT and is now trading at 3,393.870117 USDT, with a narrowed narrowed 1.96% increase in 24 hours.

According to Odaily, Ethereum co-founder Vitalik Buterin has made another donation of 50 ETH, valued at approximately $169,700, to the Juicebox project 'Free Alexey & Roman.' The funds raised by this initiative are intended to support the legal defense of Tornado Cash developers Alexey Pertsev and Roman Storm.

On Dec 31, 2024, 08:32 AM(UTC). According to Binance Market Data, Ethereum has crossed the 3,400 USDT benchmark and is now trading at 3,405.399902 USDT, with a narrowed narrowed 0.31% decrease in 24 hours.

According to PANews, data from SoSoValue indicates that Ethereum spot ETFs experienced a net outflow of $55.41 million on December 30, Eastern Time. This marks the first net outflow after four consecutive days of net inflows. Specifically, the Grayscale Ethereum Trust ETF (ETHE) saw a single-day net outflow of $17.36 million, with a historical cumulative net outflow reaching $3.634 billion. Meanwhile, the Grayscale Ethereum Mini Trust ETF (ETH) recorded a single-day net outflow of $13.75 million, although its historical cumulative net inflow remains at $591 million. As of the time of reporting, the total net asset value of Ethereum spot ETFs stands at $12.275 billion, accounting for 3% of Ethereum's total market capitalization, with a historical cumulative net inflow of $2.621 billion.

According to Foresight News, Ethereum co-founder Vitalik Buterin initiated a discussion on Warpcast about long-term network state nodes, which are envisioned as permanent communities rather than temporary gatherings. He asked participants what features they would like these nodes to have. A user named millie-x suggested the idea of establishing a sovereign or independent legal system and judiciary. In response, Buterin inquired about how such a legal framework could enhance the lives of individuals residing within these network state nodes.

According to PANews, on-chain analyst Yu Jin reported that a swing trader, after selling off assets yesterday afternoon, has reinvested approximately 82.34 million USDT to purchase 25,204.6 ETH over the past seven hours. The average purchase price was $3,322 per ETH. Notably, around 34.5 million USDT of this investment was sourced from funds borrowed against ETH collateral on Aave. This indicates that the trader not only fully reinvested but also utilized leverage for the first time, demonstrating strong confidence in Ethereum's future performance.

According to Odaily, on-chain analyst Yu Jin has reported that a notable Ethereum whale has made a significant move in the market. After selling off assets yesterday afternoon, the whale has repurchased 25,204.6 ETH over the past seven hours, spending a total of 82.34 million USDT at an average price of 3,322 USD per ETH. Notably, 34.5 million USDT of this amount was borrowed from Aave using ETH as collateral, indicating that the whale has leveraged their position for the first time. This suggests a strong confidence in the future performance of Ethereum.

On Dec 30, 2024, 19:27 PM(UTC). According to Binance Market Data, Ethereum has crossed the 3,400 USDT benchmark and is now trading at 3,401.820068 USDT, with a narrowed 0.99% increase in 24 hours.

Grayscale has solidified its position as the largest institutional holder of Ethereum, managing assets worth $6.62 billion in ETH, according to data revealed by Arkham.

On Dec 30, 2024, 11:08 AM(UTC). According to Binance Market Data, Ethereum has dropped below 3,400 USDT and is now trading at 3,398 USDT, with a narrowed 0.16% decrease in 24 hours.