Ethereum Faces Uphill Battle Despite Optimism from Analysts

While Bitcoin has already set fresh all-time highs, Ethereum continues to lag behind its peak, leaving many investors wondering when the top altcoin will catch up.

Despite recent momentum, ETH remains below its previous record, and some market watchers are growing cautious.

Still, optimism persists. In a recent interview with Coinbase, Byzantine Capital’s co-founder March Zheng expressed confidence in Ethereum’s long-term potential.

He pointed to the network’s recent Pectra upgrade and its lower inflation rate compared to Bitcoin as factors that could support future price appreciation. Zheng believes these features may help Ethereum assert itself as the dominant Layer-1 blockchain.

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He also argued that Ethereum maintains an edge over Solana when it comes to scalability—an advantage he says will become increasingly important as blockchain adoption grows. In Zheng’s view, Ethereum is entering a key phase of growth, with 2025 shaping up to be a pivotal year.

However, short-term expectations remain subdued. Betting markets on Polymarket currently assign just a 27% probability that ETH will reach a new all-time high before 2026. While sentiment is broadly positive, Ethereum’s road to a breakout may take longer than some expect.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.