Ethereum

Latest @ethereum ecosystem highlights 🧵
Let’s dive into the key updates shaping @ethereum’s future — from protocol upgrades to market dynamics.👇

Ethereum is the world computer. The universal platform for cryptocurrencies, blockchain apps, stablecoins, and decentralized technologies.

1/ Pectra upgrade coming 🔜
Planned for April 2025, the Pectra update aims to improve @ethereum’s performance, fix existing issues, enhance UX, and lay the foundation for future innovation. Big step for the core protocol!

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2/ ETH price forecast cut by Standard Chartered 📉
The bank revised its ETH price target from $10,000 to $4,000, citing the rapid growth of Layer 2 solutions like @base, which could eat into Ethereum’s dominance.

3/ Dencun success ✅
In March 2024, Ethereum successfully deployed the Dencun upgrade, introducing Proto-Danksharding — a key scalability feature that reduces costs and boosts transaction throughput.

4/ Fusaka in the pipeline 🔄
Following Pectra, the Fusaka upgrade will focus on transaction handling improvements. Developers have until March 13 to propose EIPs, with final scope freeze by April 10.

5/ Testnet challenges 🚧
Pectra’s deployment on the Holesky testnet encountered issues preventing transaction finality — a reminder that robust testing is crucial before mainnet launch.

6/ Rising competition from @solana & @bitcoin ⚔️
ETH is down, while Solana surged, drawing attention for its scalability and low fees. Ethereum faces growing pressure to remain the platform of choice.

7/ The road ahead 🌍
Ethereum continues to evolve amid market shifts and technical challenges. Builders are focused on ensuring the network remains decentralized, scalable, and ready for the future.

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