Ethereum is pulling a big move! Can the privacy protocol upgrade really push it to 8500? I'll get straight to the point🔥
Recently, there's been a lot of talk about the ETH privacy upgrade, with some saying it will hit 8500 by the end of the year! Is it a real trend or just pure speculation? Let me break it down for you👇
There are three core points:
1️⃣ This upgrade is not just a minor fix; it's directly using zero-knowledge proofs for transaction invisibility! Institutions and big players love this, and compliant financial applications may fully enter the market.
2️⃣ But don't rush into FOMO! Regulators are currently watching the privacy sector closely, be careful of the SEC suddenly stirring things up.
3️⃣ The most crucial point: if privacy and Layer 2 truly connect, and gas fees can come down, then that would be a game-changing combination.
In the short term, pay attention to the following rhythm:
✅ Testnet data (especially TPS and transaction fees)
✅ When mainstream wallets will support privacy transactions
✅ Whether Grayscale's ETHE fund sees significant inflows.
Remember the lesson from 2021: before the London upgrade, everyone was shouting to go in, but when the bear market hit, it was still cut in half. If this time it’s just narrative without actual adoption, be cautious of "buying expectations and selling facts"!
Personal opinion: The privacy upgrade is a long-term positive, but relying solely on this to reach 8500 needs favorable conditions—must be combined with ETH spot ETF approval + a bull market scenario. You can start positioning now, but don't go All in!
Do you think the privacy upgrade can change the game rules? I look forward to your real thoughts in the comments!👇
(Investment carries risks, this is just personal analysis, DYOR!)
