Ethereum's Cancun Upgrade Kicks Off Surge Era Focused on Scalability, Efficiency, and Mainstream Adoption
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The upcoming Ethereum Cancun-Deneb ("Dencun") upgrade on March 13 will prioritize scalability, efficiency, and security.
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It marks the start of the "Surge" era to achieve mass scalability through layer-two rollups, making Ethereum more accessible.
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EIP-4844 introduces "data blobs" to allow more data in transactions without interacting with the EVM, reducing fees and increasing throughput.
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Over 25% of supply is locked in staking, reducing available supply as ETH becomes deflationary post-Merge.
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Bullish trading outlook with $2.5B in ETH calls; layer two networks like Arbitrum and Optimism should benefit.