# Experts Contend Ethereum’s Enhancements Aren’t the Optimistic Trigger We Anticipated
Specialists are offering their perspectives, indicating that despite Ethereum’s current enhancements being a positive stride for blockchain’s extended viability, they’re not providing the immediate “boost” required to initiate a significant bullish trend.
In a recent analysis, blockchain company Matrixport (headquartered in Singapore) highlighted that the majority of Ethereum’s improvements haven’t significantly impacted ETH’s valuation. These upgrades appear to be more focused on establishing the foundation for broader blockchain integration, rather than generating immediate market excitement. As Matrixport stated, “These enhancements seem to be gradual progressions.”
As previously mentioned, Ethereum has underperformed compared to Bitcoin this year, technically experiencing a bear market after declining 22% from its 2024 peak. Nevertheless, certain elements suggest a potential bullish breakthrough is imminent, with some forecasts projecting Ethereum to attain $5,000 in the upcoming weeks.
Analysts observe that since the significant “Merge” in 2022, Ethereum (ETH) has struggled to keep pace with Bitcoin (BTC), failing to trigger the kind of bullish surge many had expected.
Historically, February has been a favorable month for Ethereum’s price. Since 2019, it has demonstrated positive returns every February, with an average expansion of 17% since 2017. While past performance is never a certainty, the crypto community is increasingly hopeful that Ethereum could experience some gains this month.
Analysts also point out that Wall Street’s interest in spot Ethereum ETFs is uncertain. They also noted that Ethereum has not kept pace with emerging trends, with many opting to issue meme coins on more affordable networks.
Matrixport underscored that “Ethereum still encounters difficulties in strengthening its Toncoin (TON) Value Forecast for March 26th proposition.” However, there’s still positive news: Although TRON (TRX) “is a more cost-effective choice,” analysts note that Tether issuance on Ethereum has recently exceeded that on TRON (TRX).
