Ethereum (ETH) price may rise in the next 3 months due to increased Layer 2 adoption post-Shanghai upgrade. The upgrade, enabling staking withdrawals, has boosted network flexibility, driving Layer 2 solutions like rollups. Recent data shows gas fees dropping to a five-year low in August 2024, thanks to EIP-1559 and Layer 2 efficiency, making transactions cheaper and attracting more users. Network activity has surged, with DeFi TVL hitting $80 billion and daily transactions exceeding 1 million, reflecting strong demand. As Layer 2 adoption grows, reducing congestion on Layer 1, ETH’s utility and scarcity could push its price upward, potentially testing $3,000-$3,500 by June 2025, barring major market downturns.