Ethereum's Dencon Upgrade to Enhance Scalability, Lower Fees for Explosive Growth
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Ethereum's upcoming Dencon upgrade on March 13th implements 9 EIPs to enhance efficiency and scalability.
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Proto-danksharding will drastically reduce data storage, simplifying verification and lowering fees by 10x.
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Lower fees to $0.02 from current average of $0.23 may accelerate adoption of Ethereum's Layer 2 rollup roadmap.
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Contrasting expansion approaches Arbitrum focuses on Layer 3 networks leveraging existing L2 ecosystem liquidity, Optimism on multiple parallel Layer 2s.
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With bullish trends, Ethereum appears poised for an explosive 500% bull run, potentially propelling price toward $14,000.