Ethereum is at a historic crossroads. After the collapse that led it to lose $3,000, today it struggles in a "life or death" zone around $2,240 - $2,310. But don't be fooled by the price; under the hood, Ethereum is mutating. With the Pectra update already consolidated and the arrival of the 100k TPS era, ETH is no longer just a network, it is the operating system of the financial world.
The Epic Analysis: In 2026, Ethereum has ceased to be a mere currency to become an institutional yield asset. While the $BTC consolidates as gold, the $ETH is the fuel. The recent drop was driven by fear of a shutdown in the U.S., but the fundamentals are solid: restaking is absorbing the circulating supply and institutions (led by BlackRock) are buying every time the price touches $2,200. If ETH breaks above the resistance of $2,800, the path to a new all-time high this year is clear. It is the "Sleeper Giant" of 2026; boring now, but unstoppable tomorrow.
