As Ethereum (ETH) successfully runs its next update on its latest testnet, bullish winds are getting stronger day by day.
Ethereum price only in the last 24 hours around 3% It experienced a rise and attracted attention. There were many reasons behind the rise.
One of these reasons, and perhaps the one that will be talked about most in the coming days, is the Dencun upgrade stands out as.
Dencun upgrade aimed at reducing transaction costs on rollups and making the network more scalable, final testnet on Holesky 7 February The day was completed successfully. All that’s left is for the developers to mainnet launch There will be a date set for it. Mainnet integration according to voices from the community In march It will happen.
In parallel with the successful update, giant investment companies Ark Invest and 21Shares The recent update to the spot Ethereum ETF application file also increased the price. positive reflected.
U.S. Securities and Exchange Commission (SEC) final decision on spot Ethereum ETF May 23 is expected to be given by in the next 2-3 months Expectations that Ethereum will perform even better than Bitcoin have increased.
Cryptocurrency analyst Michael van de Poppe, who recently made a statement on the subject, said: Ethereum can earn more than Bitcoin he said.
According to CoinGecko data, Ethereum, at the time of writing from $2,424 is being traded.