Ethereum’s Critical Juncture: Institutional Inflows Battle Retail Caution

Ethereum finds itself at a pivotal moment, caught between powerful institutional tailwinds and a hesitant retail investor base. The central challenge for the world’s second-largest cryptocurrency is whether it can maintain its footing above the crucial $4,100 support level, or if a more significant price correction is imminent ahead of major network upgrades.

A significant technical event, the Fusaka hard fork, is scheduled for December. This network upgrade holds the potential to fundamentally enhance Ethereum’s scalability. Key improvements include:

• PeerDAS Implementation: Aims to provide more efficient data availability for rollups while preserving network decentralization.
• Increased Blob Capacity: A step-by-step doubling of capacity from 6/9 to a maximum of 14/21 through subsequent BPO forks.
• Higher... Read more...