Before the ETH Cancun upgrade, it was predicted many times that this wave of market prices would be realized due to the benefits of the Cancun upgrade. Ethereum would drive a correction in the L2 sector, and then the market in the entire currency circle would be shaken up! The essence of the Cancun upgrade is to reduce gas, which will definitely be great in the long run! But now there are many public chains with low handling fees, so the benefits brought by this wave will take time to ferment!

The current currency circle is just as exciting as the real car circle! Xiaomi SU7 has entered the market, and the price of electric vehicles has been reduced one after another, causing waves in one fell swoop! This wave of Ethereum Cancun upgrades has reduced GAS. Wait for a few big golden dogs or meme coins to appear on the ETH chain later! Definitely another big takeoff!

Just like the local dogs on the SOL chain are very popular recently! To put it bluntly, the recent SLERF or BOME coming out of the SOL chain are all struggles between public chains, which is the same as the actual car circle. One side of the SU7 is BYD’s Qin directly folded in half, and other car companies are also using slogans to reduce prices. Oil is lower than electricity!

Public chains in the currency circle are also competing for users and traffic. There is also a certain degree of competition, and the water here is very deep.