Here’s a **short and crisp** update on **Ethereum (ETH)** as of mid-2024:

### **🔥 Quick ETH Update**

1. **Dencun Upgrade Live** – L2 fees dropped **~90%** (thanks to EIP-4844).

2. **Next Upgrade (Prague/Electra)** – Expected late 2024, boosting staking scalability.

3. **Staking Boom** – **30% of ETH** (~36M ETH) now staked ($100B+).

4. **Restaking Mania** – EigenLayer TVL **$15B+**, new DeFi yield opportunities.

5. **L2 Dominance** – Arbitrum, Base, Optimism drive **cheap transactions** (<$0.01/swaps).

6. **ETH ETF Watch** – SEC delays decisions; final approvals possible **Aug-Dec 2024**.

7. **Price Action** – Volatile but holding strong; **DeFi & NFT revival** supporting demand.

8. **Risks** – Centralization in staking (Lido, Coinbase control ~60%).

**Next Big Catalysts**:

- **ETH ETF approvals?**

- **Prague/Electra upgrade**.

- **More L2 adoption**.

Need more details on any point? 🚀#EthereumFuture