$ETH 🚀🚀

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Dencun Upgrade: Ethereum’s “Dencun” upgrade, finalized recently, aims to reduce data fees and improve scalability. It introduces “proto-danksharding,” which creates dedicated storage spaces, or “blobs,” for data. This is expected to enhance performance for layer-2 solutions like Arbitrum and Polygon, making transactions cheaper and more efficient

Spot Ethereum ETFs: The U.S. Securities and Exchange Commission (SEC) is anticipated to approve the first spot Ethereum ETFs soon, possibly by early July. This could significantly impact Ethereum’s market, although opinions vary on its immediate effect on Ether’s price

Layer-2 Expansion: The Ethereum ecosystem is seeing a shift towards specialized subchains, especially within layer-2 networks. Companies like Polygon are developing tailored subchains for specific use cases, indicating a trend towards greater specialization in the blockchain space