$ETH continues to be a dominant force in the cryptocurrency market, with its robust ecosystem and ongoing developments keeping investors and enthusiasts on their toes. Recently, several key factors have influenced ETH's price action and overall market sentiment.
One of the most significant narratives revolves around the long-anticipated Dencun upgrade. This upgrade, expected to go live on the mainnet soon, aims to further enhance Ethereum's scalability and efficiency, particularly for Layer 2 solutions. The implementation of "proto-danksharding" (EIP-4844) is a core component, designed to reduce transaction costs on rollups and improve data availability. This advancement is crucial for the continued growth of decentralized applications (dApps) and the overall user experience on the network.
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ETHUSDT
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