Ethereum's value currently sits at $1,644, marking a significant decline from its peak of $4,946 just under a year ago. The dramatic drop, nearly 67% below its all-time high, is attributed to a combination of macroeconomic pressures, persistent ETF outflows, and bitcoin's rising dominance. As the world's second-largest cryptocurrency grapples with these challenges, industry stakeholders are left to ponder: What exactly happened, and where does Ethereum go from here? The Rise