Crucial: The Next Ethereum Upgrade 💥
Helping EVERYONE to make better crypto investment decisions.
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👇 1) Ethereum has undergone nineteen upgrades over the last eight years, and many more are about to come. Some upgrades appear more critical than others but for investors in Ether, the native token of the Ethereum blockchain, the most critical aspect is to understand when those upgrades have monumental usability impacts.
👇 2) Ethereum was an essential building block over the last few years as most crypto themes were launched on the back of it – such as the ICOs, DeFi, NFTs or even DAOs.
👇 3) Since the ‘Merge’ or the Shanghai upgrade on September 18, 2022, Ether prices have rallied +12%, significantly underperforming Bitcoin’s +36% since that date. When we examine the Ether price performance after the various upgrades, we must admit that the October 2020 Beacon Chain ‘staking’ introduction was the last ‘hurray’ with all subsequent upgrades having near zero-positive price impact.