We can observe that layer2 solutions like $OP and $ARB have been experiencing significant growth in recent days ahead of the anticipated Ethereum Decun upgrade scheduled for February 8th.
In summary, the Decun upgrade is expected to make Ethereum faster and cheaper. Layer2 solutions will also benefit from this update.
Apart from layer2 solutions, it's also worth paying attention to projects within the Ethereum ecosystem such as $ENS, $LDO, $FXS, etc.
Here's the detailed Decun schedule for your reference:
- On the Holesky testnet on February 7th, 2024.
- On the mainnet by the end of February 2024.
There is a high likelihood of a dedicated wave for $ETH soon because currently, after $BTC scans liquidity around $43.5k, there aren't many significant liquidity areas at present. Show Less
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