The most important news of Ethereum: The silent monster 😈 What is it hiding!!
Several important developments regarding Ethereum.
First, the “Dencun” update has been completed, which is a landmark step to reduce data fees on the Ethereum network. This update includes a new technology for storing data on the blockchain at a lower cost, which enhances the efficiency of decentralized applications and reduces congestion.
Second, Ethereum exchange-traded funds (ETFs) are expected to begin trading in the US soon, with Bloomberg predicting that will happen by July 4. This development may bring new financial flows to the market and contribute to the stability of the Ethereum price.
Finally, 2024 is expected to be the biggest year for the Ethereum network due to the specialization of Layer 2 (L2) blockchains in certain areas, which contributes to increased applications and adoptions on the network by traditional companies.
Toot toot 🚂
