$ETH The Scalability Change That Is Revolutionizing Binance
After the implementation of the Dencun update (March 2024), Ethereum has managed to reduce transaction fees by over 90% on its Layer 2 (such as Arbitrum and Optimism), a historic milestone that drives its mass adoption. At Binance, this translates into a record daily volume of \[$18B\] in ETH/USDT pairs, solidifying it as the second most traded asset after Bitcoin.
A key fact: The circulating supply of ETH has fallen by 3.2% annually thanks to the *fee burning* mechanism (EIP-1559), creating upward pressure in a market where staking (32M ETH locked) already reduces available liquidity. Additionally, with the advancement of *smart accounts* (ERC-4337), Ethereum positions itself as the leading network for self-custodial wallets and automated payments, attracting institutions like BlackRock, which already custodian ETH in their tokenized funds.
2025 Forecast: If it surpasses the resistance of \[$4,500\] (current: $4,200), technicians anticipate a rally towards \[$6,000\] taking advantage of the post-Dencun update cycle. The future belongs to those who bet on infrastructure.
