2025 Ethereum Trends: The More Successful the Protocol, the Higher the Ecological Risks? In-Depth Analysis of the Post-Pectra Era
Ethereum has become unprecedentedly powerful in its underlying protocol (engine room) through significant upgrades like Dencun over the past year. However, this success paradoxically has given rise to the complexity and risks of the L2 and Restaking ecosystems. As the war for the underlying protocol comes to a close, navigating this vast new ecosystem filled with opportunities and chaos has become the next battleground for Ethereum.