Coin-Turk 8 minutes ago
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As of February 24, Ethereum 
$1,865 trades below $2,600, leading to the liquidation of $918 million in collateralized positions over the last 15 days. Investors are questioning how the network will handle technical improvements and competitive pressures to surpass the $2,500 level. The upcoming Pectra update aims to reduce transaction fees; however, concerns over liquidity distribution and layer-2 integrations are rising. Additionally, a decrease in institutional investor demand and a $406 million outflow from spot ETFs negatively impact short-term expectations.
Technical and Competitive Challenges Facing Ethereum
The Ethereum network plans to improve transaction speed and costs with the Pectra update. However, the fragmentation of liquidity among layer-2 solutions and limitations in user access raise concerns about the update’s effectiveness. Reported empty block issues on the test network trigger doubts about the network’s stability, while rival blockchain S…
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