Not surprisingly, the Cancun upgrade cannot be completed this year and is expected to be in February or March next year. But I think this is a good thing. I think delaying may not be a bad thing. In the past 7 days, the supply of Ethereum has increased by more than 1,000 pieces. This is mainly due to the decrease in activity on the bear chain and the dilution of mainnet traffic by L2, which results in the mainnet gas burning being less than the additional issuance. At present, GAS is a competition between public chains. If after the upgrade, the overall GAS consumption of everyone will decrease again, the Ethereum system will have a siphon effect, but the entire blockchain public chain will not increase, and the Cancun upgrade will worsen the situation of Ethereum. Inflation is not a good thing for currency prices. After the delay, the Cancun upgrade will most likely coincide with the Bitcoin halving in April next year. The two major benefits will directly contribute to a bull market. If Cancun upgrades on time, we may usher in a bull market, but if it is postponed, Then the certainty of Daniel is higher! Thinking about it this way, are you still looking forward to the postponement? Why do we need to care about Cancun Upgrade? Even the time to upgrade should be discussed emphatically?

In the first half of the year, Ethereum’s major update was the Shanghai upgrade, which directly led to the surge in the LSD track. For example, SSV increased five times in three months. Other related targets, such as: $LDO $RPL $LBR $PENDLE, etc., also outperformed the market several times. There was a saying at the time that if you buy the LSD track with your eyes closed, it will bring you overwhelming wealth. So we can clearly see that the Ethereum technology upgrade can bring direct liquidity to a certain related technology track. Although the current market is a stock game, the technology upgrade will bring obvious improvements in user experience. It's perfect to use this as a gimmick or a target of hype. Therefore, the Cancun upgrade is a potential wealth code that cannot be missed.