Brothers, those who have been paying attention to LRC recently should feel that this thing has been quietly building up strength for a long time! As an old player in Ethereum Layer 2's zk-rollup, it has finally reached the most critical point for an explosion. I've整理了 the latest intelligence today, and those who understand know what to do~
First, let's talk about the most important news! The Ethereum Fusaka upgrade just activated on December 3rd, which is a huge boost for LRC! This upgrade has directly reduced the operating costs of L2 by 95%, lowered bandwidth storage requirements by 85%, and TPS can reach over 100,000. LRC itself has gained traction with 'CEFI speed + DEFI security', achieving over 2000 TPS, with gas fees only 1/100 of Ethereum's. Now, riding the wave of this upgrade, both the trading experience and cost advantage are maximized, making a surge in trading volume a high probability event!
Looking at LRC's own actions, they have been very active. The integration of the Base network was completed in March this year, allowing cross-chain flow and supporting leveraged positions, directly expanding the ecological landscape. Moreover, the highlight of Q4 is coming — the full switch to DAO governance, and the staking voting rights of LRC will be upgraded, which means holders can truly participate in project decisions, and the value of the token is directly tied to ecological development. It is certain that more people will lock up their tokens in the future. More importantly, the previous suspension of some DeFi products was to focus on the permissionless system, and now the smart wallet has returned to the Apple App Store, significantly lowering the user threshold, which will lead to increasing adoption.
The signals from the market are very clear. LRC now has trading pairs on mainstream exchanges like Binance and Coinbase Pro, and liquidity is not an issue at all. Additionally, recently, whale addresses have been quietly increasing their holdings, and the number of on-chain transactions has steadily risen, indicating that smart money is laying out plans in advance.
Some may be concerned about the previous product adjustments, but from another perspective, the project team actively cut off non-core businesses, focusing on Layer 2 and DAO governance, which is the true embodiment of doing solid work! The Ethereum Layer 2 track has become extremely popular due to the Fusaka upgrade, and LRC, as one of the earliest zk-rollup projects, has both technical accumulation and ecological foundation, and is likely to become a target of capital speculation in the future.
To summarize: Ethereum's upgrade provides sufficient industry dividends, LRC's own technological iteration + ecological expansion, coupled with the current undervaluation, makes the logic behind this price increase very solid. It is recommended to pay close attention to the subsequent DAO governance implementation and cross-chain bridge expansion news. The cost of entry is not high now, so don't wait until the price rises to regret!
