Are Trump's Tariffs Helping Ethereum, or Hurting It?

Group 1 - The market's reaction to President Trump's tariffs on foreign goods has been chaotic, affecting various assets, including cryptocurrencies like Ethereum, despite their indirect exposure to U.S. consumer health and export dynamics [1] - Tariffs can increase input costs and consumer prices, which may dampen overall market sentiment, impacting risk assets like Ethereum [3][4] - Despite the volatility caused by tariffs, Ethereum's price has increased by 63% since the implementation of tariffs in April 2025, indicating that the tariffs have not significantly hindered its growth [5] Group 2 - Ethereum's continued growth is attributed to its developers consistently delivering on the chain's roadmap, including significant updates in 2025 that improved scalability without raising gas fees [6] - Upcoming updates, such as the Glamsterdam update scheduled for 2026, are expected to enhance Ethereum's transaction processing capabilities, improving speed and potentially reducing costs [7]