Content
@
0 reply
0 recast
0 reaction
vsck
@vsck
I wouldn’t be surprised if $ETH hits $2500 -> $3000 in the coming weeks, here’s why; 🔹 1) BlackRock's Ethereum ETF: - BlackRock, the world's largest asset manager, has filed to list an Ethereum ETF that would track ether directly.
1 reply
0 recast
0 reaction
vsck
@vsck
- This shows a deepening commitment to crypto by BlackRock and indicates growing institutional interest in Ethereum. - Approval of this ETF could significantly impact $ETH, as seen from the price surge following the announcement yesterday. - The ETF would require holding ether, potentially increasing demand & price.
1 reply
0 recast
0 reaction
vsck
@vsck
🔹2) EIP 4844 Upgrade (Proto-Danksharding): - Part of the Ethereum Cancun upgrade, EIP 4844 introduces Proto-Danksharding to reduce gas fees & increase transaction throughput.
1 reply
0 recast
1 reaction
vsck
@vsck
- Benefits include improved scalability, security, and user-friendliness for developers and users. - Reduced fees and increased throughput benefit Layer-2 networks like Optimism and Arbitrum. $OP $ARB - Layer 2 rollup costs expected to decrease significantly, marking a new era of low-cost on-chain activities.
1 reply
0 recast
0 reaction
vsck
@vsck
🔹Conclusion: The potential approval of the Ethereum ETF by BlackRock from SEC and the EIP 4844 upgrade are bullish catalysts for $ETH
2 replies
0 recast
1 reaction
vsck
@vsck
They indicate growing institutional interest & technological advancements focused on scalability, security, and cost-efficiency. These developments could have a considerable impact on the price of $ETH
0 reply
0 recast
0 reaction
sio
@sio.eth
May you explain in a non-dev way what the EIP-4844 is about? Asking for a friend because I couldn't explain it really well.
1 reply
0 recast
1 reaction
