In a recent videoCoin Bureau host Guy Turner has captured the attention of Coin Bureau’s 2.28 million subscribers by revealing two key catalysts that could potentially unleash a powerful bullish run for Ethereum (ETH). These upcoming milestones hold the promise of propelling the price of ETH to new heights.
Proto-grateful sharding upgrade
The first milestone Turner highlighted is the highly anticipated proto-thank sharding upgrade, officially known as EIP-4844. This groundbreaking upgrade seeks to address Ethereum’s longstanding scalability challenge, enabling the network to achieve a level of scalability comparable to centralized computing systems.
Addressing Ethereum’s primary bottleneck – the availability of data – proto-danks sharding introduces dedicated data blobs that improve the accessibility of transactional data. This boost in scalability is expected to result in lower costs, faster transaction speeds on Layer-2 solutions, and an overall improvement in Ethereum’s performance.
“The biggest upcoming milestone for Ethereum is the EIP-4844 upgrade”
Improving Privacy, Placing ETH Staking?
Turner then shines the spotlight on Ethereum’s renewed focus on privacy, marking it as the second major milestone. Ethereum creator Vitalik Buterin has openly acknowledged that privacy is one of the biggest challenges facing the Ethereum ecosystem. To address this problem, Ethereum developers have been diligently seeking solutions such as the implementation of stealth addresses.
The recent focus on privacy has been further intensified by the Shappella upgrade, which has led to increased interest from institutional investors. Ethereum recognizes the growing demand for privacy from these investors and is committed to providing enhanced privacy features that meet their requirements.
With these two powerful catalysts on the horizon, Ethereum’s potential for a notable price increase is gaining momentum. As Ethereum continues to address critical challenges and push the boundaries of innovation, investors and enthusiasts eagerly anticipate the impact these developments will have on the cryptocurrency’s value.
