How to plan the "Ethereum Cancun Upgrade"?

This major upgrade is expected to be completed on March 13. Upon completion, the handling fee of Ethereum L2 will be reduced by more than 10 times.

In my opinion, this can mainly bring two major benefits👇

🔶Re-ensure Ethereum’s leading position as a “modular public chain”

Recently, with the rise of the Celestia ecosystem, Manta, Dymension, and Cosmos have attracted a lot of attention and are growing very fast. However, when it comes to the richness of the ecosystem, Ethereum and Layer2 (Arbitrum, Optimism) can still firmly hold the first place.

This Cancun upgrade can draw public attention back to Ethereum and help the Ethereum ecosystem continue to grow

🔶Attract GameFi, SocialFi, and DePIN back to the Ethereum ecosystem

Currently, Solana's "high-performance single-chain design" has led many projects to choose to develop on Solana (such as Render, Helium) instead of choosing Ethereum, which has a richer and safer ecosystem. The main reason is - too expensive!

This Cancun upgrade will solve this problem. The low handling fees will make more projects willing to use Ethereum’s Layer2 as the underlying architecture, increase the usage scenarios of ETH, and drive more narratives.

After the upgrade, the profitability of Ethereum Layer 2 (such as Optimism and Arbitrum) will increase significantly. Assuming that token holders have a way to obtain profit distribution in the future, it will be a great benefit to the L2 token ($ARB, $OP).

(However, please pay attention to the unlocking schedule of tokens. For example, $ARB will soon have a large amount unlocked)