Ethereum Retains Bullish Potential With Upcoming Upgrade And Whale Buying


Ethereum maintains bullish momentum ahead of Dencun, the network's upcoming major upgrade.
Ethereum whale bought $166 million worth of ETH in 3 days
While the Dencun upgrade, which will be performed on the Ethereum network, is expected to benefit the layer-2 protocols on the network, this upgrade is promoted as an improvement in data availability that introduces Proto Danksharding to the network. At the end of this process, the Ethereum blockchain is designed to perform faster and cheaper transactions. While experts believe that the upgrade will speed up Ethereum, it is believed that its current obstacles, such as slow transactions and low scalability on the network, will be eliminated. Therefore, it is predicted that the Dencun upgrade will have a positive impact on Ethereum Layer-2 projects.
#ETHDencun
#GateLive
#layer-2
ETH-0,18%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
Gerihvip
· 2024-02-21 19:28
BTC Halving to Moon 🚀
Reply1
CrazyCrabvip
· 2024-02-21 16:38
To Da Moon 🌕
Reply1
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)