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ethereum fusaka?! the most bullish upgrade ever?! 🚀🔥 ngmi if you’re not loading up on ETH before this madness hits
ethereum’s Fusaka upgrade is anticipated to transform Layer 2 networks into significant ETH burners, potentially rendering ETH deflationary with EIP-791
A pseudonymous analyst predicts Ethereum’s Fusaka upgrade could turn Layer 2 networks into significant ETH burners, with EIP-7918 as a key change. The upgrade on December 3 is expected to be extremely bullish for ETH due to this enhancement. The analyst anticipates increased ETH burn dynamics, potentially making ETH deflationary and influencing corporate and institutional L2s to burn ETH as well. The upgrade is likened to the impact of the London hard fork introducing EIP-1559 in 2021. ETH was trading at $3,022 at the time of writing. 🚀🔥
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