dorieanwolfinger
@dorieanwolfinger
Ethereum (ETH) price may rise in the next 3 months due to increased Layer 2 adoption post-Shanghai upgrade. The upgrade enhanced staking flexibility, boosting network activity. Recent data shows Layer 2 solutions like Arbitrum and Optimism reducing gas fees significantly—average fees dropped from $10+ to under $1 on L2s. Network activity has surged, with daily transactions on L2s exceeding 1 million, reflecting growing adoption. This efficiency could drive demand for ETH, potentially pushing its price toward $2,500-$3,000 by June 2025, assuming sustained momentum and broader market support.
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