Ethereum's upcoming Pectra and Fusaka upgrades could enhance scalability and improve its role in crypto payments.
Solana and BNB Smart Chain are gaining ground in DEX volumes and fees due to faster speeds and lower costs compared to Ethereum.
The Pectra upgrade, scheduled for May 2025, aims to increase scalability and usability through core improvements and 11 Ethereum Improvement Proposals (EIPs).
Fusaka, planned for late 2025, will enhance Ethereum's scalability by introducing PeerDAS and simplifying smart contract creation.