The Ethereum developer community has recently sent an important signal — the progress of this public chain far exceeds market expectations. From the pace of technological breakthroughs, Ethereum is completing its transformation from a simple digital asset platform to a global-level infrastructure.

Let's look at the data support first. After the merge, network energy consumption plummeted by 99.95%, completely rewriting the environmental narrative of crypto assets. Staking yields remain stable above 3.5%, providing participants with a predictable income model. More importantly, transaction speeds in the Layer2 ecosystem have increased by 100 times compared to before, and the number of developers has grown by 40% over the past year. The total value locked has once again surpassed the trillion-dollar mark.

Breakthroughs at the technical level are also underway — zk-Rollups, sharding technology, account abstraction—these once-planned projects are now entering the delivery phase. This is not just a promise on paper but real, usable functional iterations.

The attitude of institutional investors best illustrates the point. They have set Ethereum’s target price between $15,000 and $20,000. The logic behind this valuation is very clear: shifting from the token’s attributes to a global financial settlement layer, decentralized application engine, and digital asset vault signifies capturing trillions of dollars in value flow. This is not hype but a rational assessment of its future functionality and network value.

While the market is still discussing price volatility, Ethereum is already rewriting the rules of value creation. This ecological evolution has officially entered a new stage.