Crypto trader and host of the YouTube channel CoinBureau, Guy Turner, expects significant growth for Ethereum in 2025. According to Turner, this will be driven by the major Pectra upgrade, which is expected to make Ethereum faster, more scalable, and more user-friendly for both regular users and developers.
Guy Turner explained to his 2.5 million subscribers that the Pectra upgrade and subsequent improvements will be highly positive for ETH, and the coin could potentially reach or even exceed its all-time price high.
It’s worth recalling that Ethereum reached its peak value in November 2021, when its price neared $4,900. Therefore, according to Turner, Ethereum’s growth potential from current levels is 68%.
“Ethereum has been trying to break upwards for a long time, and the upgrade could be the spark that allows the second-largest cryptocurrency to do so. This is even more likely considering the upgrade will improve the user interface, which will attract institutional investors,” Turner noted.
The two-phase Pectra upgrade will feature several key changes, including the ability to pay gas fees for Ethereum transactions with any asset, increased rewards for large validators, and improvements to the Ethereum Virtual Machine (EVM).
Earlier, it was reported that the market capitalization ratio of Ethereum to Bitcoin had fallen to a three-year low.