ETHEREUM IN 2025: FROM EXPERIMENT TO WORLD INFRASTRUCTURE

Summary from the TLDR Crypto newsletter

2025 was the year Ethereum graduated into real financial infrastructure. It experienced rapid protocol progress (e.g., Pectra and Fusaka, higher gas limits, cheaper transactions, and more blob capacity), plus institutional and regulatory milestones (stablecoin framework via GENIUS Act, SEC staking guidance, JPMorgan/BlackRock tokenization momentum). Ethereum's L2 ecosystem, DeFi, and privacy tooling have matured materially. AI-agent commerce rails (e.g., standards + micropayments) are also beginning to land on Ethereum.