Ethereum Fundamental Analysis: Wave of Innovation or Hurdles Ahead?
This fundamental analysis of Ethereum on September 18, 2025, investigates whether the network is entering a new wave of innovation or if significant scaling and competitive hurdles lie ahead. We thoroughly explore Ethereum's economic model, evaluate the impact of recent technical upgrades such as proto-danksharding, and analyze the dynamics of key market data. With the current valuation around $2,650, substantial growth potential is evident. This potential is driven by the continued strengthening of the Decentralized Finance (DeFi) ecosystem and the successful deployment and adoption of Layer 2 scaling solutions to improve network efficiency.