Attention, blockchain enthusiasts! Although everyone is paying attention to Bitcoin now, Ethereum also has a lot of development momentum ! Odaily Planet Daily reported that as the U.S. Securities and Exchange Commission will make a decision on the Ethereum spot ETF in May 2024, Ethereum may become the focus of attention.It is worth mentioning that Ethereum’s “Dencun” upgrade plan will be carried out on March 13, 2024, which is expected to allow Ethereum to compete with faster blockchains such as Solana in the field of smart contract platform encryption. Grayscale Research believes that the development momentum of Ethereum includes the following points:1️⃣ Upcoming Dencun upgrade;2️⃣ Net deflationary supply;3️⃣ Network revenue generation;4️⃣ The U.S. Securities and Exchange Commission’s decision on the Ethereum spot ETF;5️⃣ Increased use cases for renting security features on the Ethereum network.Let us look forward to more breakthroughs in Ethereum!
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