Kunkan upgrade: a necessary innovation on the road to Ethereum!
Ethereum is facing external challenges and pressure. Once the ambition was to surpass Bitcoin, the task now is to retain users and prevent them from drifting to other alternative blockchain projects. Solana’s transaction processing speed (TPS) has made significant improvements across the board, and blockchains like Celestia are quickly catching up. The sudden rise in $TIA’s value highlights the market’s high recognition of the project. However, Ethereum’s original L1-L2-L3 architecture and heavy tax policy may face serious threats in the fiercely competitive market environment.
The Kunkan upgrade is crucial for Ethereum. If V can successfully reduce GAS fees, Ethereum will maintain its position as a leader in the blockchain space; otherwise, it may lose some user and market recognition and be simply perceived as a more expensive chain.
In the future, Ethereum may gradually become a specialty area for financial elites, and highlight chains like SOL may attract more retail investors and leek users. The continued evolution of the competitive landscape will redefine the role and market positioning of the blockchain space.
