$ETH Ethereum is back in the spotlight after its latest upgrade was successfully launched! Many analysts believe that ETH now has a great chance to reach the level of $8,500 in this bullish cycle. What are the factors?

Technology Upgrade (Dencun + Proto-Danksharding) Ethereum is becoming more efficient! With this upgrade:

Layer 2 gas fees drop drastically

Scalability increases

Support for the DeFi and NFT ecosystem becomes stronger