Even with MAJOR upgrades like Dencun reducing transaction costs, ETH did not exceed its past price peak. Despite these advances, issues such as regulatory challenges played a significant role in maintaining the status quo for Ethereum’s market value.
Donald Trump’s endorsement marked political interest in Ethereum. However, intense SEC scrutiny on the Ethereum Foundation raised concerns. The approval of Ethereum ETFs did not spur anticipated price growth, showing the complex political and regulatory landscape Ethereum navigates.