For Ethereum, 2024 has been the year where both a lot happened and not much at all, it seemed. 

There was substantial innovation, but those just wanting to make money from investing in Ethereum’s native coin ETH are a little disappointed—if the vibes on Crypto Twitter (aka X) are anything to go by. 

Upgrades like Dencun made it cheaper to get things done on the network, and President-elect Donald Trump even threw his weight behind a project built on Ethereum. But there was also a regulatory crackdown, leading many to think that the SEC was coming hard for the ecosystem.

The surprising approval of spot ETH exchange-traded funds turned things around, but did not lead to an explosion in the asset’s price like it did with its Bitcoin counterparts.

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Author: Mathew Di Salvo

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