Is Ethereum going to make big moves?

The Fusaka upgrade is about to go live, and this update is no small matter. On-chain transaction costs are being slashed by 40% to 95%. What does that mean? Transferring funds used to cost dozens of dollars, but now it might just be a few cents. The speed is even more astonishing, with processing efficiency multiplying by 8 times.

Ordinary users feel the most—using DeFi protocols and playing blockchain games used to be painful due to gas fees, but now the threshold has dropped significantly. Developers are also happy; with the Layer 2 solutions combined with this upgrade, the entire ecosystem's playability will improve several levels.

With the deflationary mechanism of ETH itself still ongoing, the supply is tightening, and demand is increasing, how will the price move? The market has begun to reassess the ceiling of ETH's value. Some are calling for it to reach ten thousand dollars, which sounds exaggerated, but the technical fundamentals are indeed getting stronger.

If this wave of upgrades is successfully implemented, the user experience of Web3 might truly overcome a significant hurdle.

ETH8.21%

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RetroHodler91

· 8h ago

No way, gas fees cut by 95%? This time it's really going to change the world. Wait, can the Fusaka upgrade really go live as scheduled? Haven't there been enough pitfalls in previous years? Everyone is talking about 8x speed, but what has changed in those chain games that play people for suckers? I’m not that optimistic about ten thousand dollars, but the fundamentals are indeed improving. To be honest, compared to price action, improving user experience is the big deal.

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RugPullSurvivor

· 8h ago

Gas fees cut by 95%? Sounds good, but let's see when it actually goes live; there have been many upgrade promises before. Ten thousand dollars? Let's solve the current problems first, there are a bunch of garbage coin scams in the ecosystem. Wait a minute, this time it really won't be delayed again, right? Here we go again, every time it’s about crossing a big hurdle, and what happens? Is speeding up by 8 times reliable? Is there any actual test data? Lower gas fees are indeed good, but I'm more concerned about whether there will be any new security vulnerabilities. It's all talk; just don't delay it again. I’m tired of hearing the logic about tightening supply; tokenomics is not that simple. If this upgrade really has an effect, I might consider getting on board to play around.

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PumpBeforeRug

· 8h ago

Cutting 95% of gas fees? Sounds awesome, but I just want to see if Fusaka can really go live on time; there have been plenty of previous commitments. An 8x speed doubling is indeed impressive, only then can DeFi truly take off; otherwise, the costs alone could deter people. As for ten thousand dollars or so, let’s wait until the upgrade stabilizes before making any claims. The fundamentals are strong, but when has the crypto world ever risen just because of good technology? The tightening of supply does have some imaginative potential, but it remains to be seen if they can truly control the circulating supply. I believe in the improvement of the Web3 experience, but how long will it take for ordinary people to use it?

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LiquidityNinja

· 8h ago

This time it's really not hype, a 90% reduction in gas fees must be so refreshing. Wait, can Fusaka really operate stably? What happened to those previous promises? Ten thousand dollars sounds outrageous, but I believe the fundamentals are improving on this point. What I really look forward to is whether the user experience in blockchain games can truly improve. With supply tightening and upgrades, it's indeed time to recalculate. Oh my, if 8x speed can really run stably, the ecosystem will explode. But I still want to see the actual performance after launch; paper numbers are easy to inflate.

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