Bernstein analyst: ETH will gain market leadership, and EIP-4844 may reduce transaction costs by 10 times
According to reports, Bernstein analysts Gautam Chhugani and Manas Agrawal believed that Ethereum might “gather stars” because of its “competitive advantage, growth momentum and clear market leadership”, thus ushering in explosive growth. In their latest analysis report, they pointed out that in the eight-year history of Ethereum, there has never been such a competitive advantage. After the upcoming “Shanghai” upgrade, The deployment of EIP-4844 may reduce transaction costs by 10 times, and the cost of the second-tier network will also be further reduced.
Interpretation of this information:
Analysts from Bernstein, Gautam Chhugani and Manas Agrawal, have stated that Ethereum may experience explosive growth due to its competitive advantage, growth momentum, and clear market leadership. They emphasized that Ethereum has never had this type of competitive advantage in its history, implying that the future looks promising. The analysts noted that once the “Shanghai” upgrade is implemented, transactions costs could be reduced by 10 times, leading to a further reduction in the cost of the second-tier network.
Ethereum has been leading the cryptocurrency market in terms of market share, and its innovative technology, such as smart contracts, has attracted more investors. Ethereum has a clear advantage over its competitors, especially when it comes to its network’s scalability. Furthermore, Ethereum’s network is continuing to expand, making it more attractive to investors who look for future growth opportunities.
The upcoming “Shanghai” upgrade is expected to reduce transaction costs by an incredible 10 times. This significant decrease in transaction costs will entice more investors to utilize the network, leading to more growth for the platform. With this significant competitive advantage, it is expected that Ethereum will continue to dominate the cryptocurrency market, at least in the short term.
In conclusion, Ethereum is in a very promising position, owing to its clear market leadership, growth momentum, and innovative technology. With the upcoming “Shanghai” upgrade, it shows potential for explosive growth. To sum it up, the three keywords that best characterize the message are: Ethereum, competitive advantage, and growth momentum.
This article and pictures are from the Internet and do not represent 96Coin's position. If you infringe, please contact us to delete:https://www.96coin.com/38286.html
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.