Ethereum co-founder Vitalik Buterin has acknowledged a significant scalability issue, revealing that the modexp precompiled contract reduces the efficiency of zero-knowledge proofs by 50 times compared to average block processing. This admission comes amid substantial institutional outflows, with Ethereum ETFs seeing withdrawals totaling $135.7 million, including $81.7 million from BlackRock.The price of Ethereum has dropped to approximately $3,480, breaking a crucial support level. Technical indicators suggest weak momentum and persistent selling pressure. Analysts warn that if demand does not rebound swiftly, Ethereum's price could further decline to the $3,300–$3,350 range.