The Ethereum 2.0 upgrade, transitioning from Proof of Work to Proof of Stake, aims to enhance scalability, security, and energy efficiency. This shift could significantly influence Ethereum’s price trajectory over time. By reducing transaction costs and increasing throughput, it may attract more developers and users, boosting adoption and demand for ETH. Additionally, staking rewards could lock up supply, potentially driving scarcity and upward price pressure. However, market volatility, regulatory uncertainty, and competition from other blockchains could temper gains. While short-term speculation often follows upgrades, the long-term price impact hinges on real-world utility and network growth. As of March 11, 2025, Ethereum’s success in delivering on these promises will likely determine whether ETH sustains a bullish trend or faces stagnation.