Ethereum makes a big move at midnight! The Fusaka upgrade has landed, speeding up to twice a year, with the coin price breaking through 3200 USD

Family, Ethereum has recently made a big stir! At around 5 AM, Ethereum completed its 17th major upgrade, Fusaka, and it went live on the mainnet directly. It's worth noting that only 7 months have passed since the last upgrade, Pectra, in May. Originally, ETH was upgraded once a year, but now it has changed to twice a year, doubling the upgrade pace, with the development speed seeming like it stepped on the gas.

What's even more impressive is that right after the upgrade, the coin price soared and directly broke through the 3200 USD mark, and it is still hovering around 3200 USD now. This operation has drastically increased market enthusiasm.

In the past, Ethereum was very stable. After the merger in 2022, upgrades were done once a year, like the Shapella upgrade in 2023 and this year's Pectra upgrade, which were both done slowly, focusing on the principle that slow work yields fine products. But this time is different; Consensys has decided that the goal is now fixed at two upgrades a year, clearly speeding up the development process.

This Fusaka upgrade required a lot of effort, with 9 core Ethereum Improvement Proposals and 4 supporting proposals, making it one of the largest upgrades in Ethereum's history. The newly added PeerDAS technology has significantly improved data availability and pricing efficiency, enhancing user experience and increasing network scalability. With such robust technology as a foundation, it’s no surprise that the coin price is rising as well.

Transitioning from annual upgrades to semi-annual upgrades indicates that Ethereum's technology is maturing, and there is a clear intention to resolve long-standing issues of performance and security more quickly. In the future, there will be a hard fork every six months, which will surely benefit Layer 2 and decentralized applications, allowing them to develop faster.

Now, with the coin price stuck at 3200 USD, do you think it will continue to rise, or will it take this opportunity of favorable news from the upgrade to pull back? #币安区块链周 #BitDigital转型 #ETH走势分析

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