Ethereum’s Upcoming Dencun Upgrade May Propel Rally

Ethereum’s Price Expected to Surge as Dencun Upgrade Boosts Transaction Capacity

Ethereum, the second-largest cryptocurrency, is poised for a significant price rally in the coming weeks, according to analyst Michaël van de Poppe. He believes that the latest upgrade to Ethereum’s blockchain architecture, known as Dencun, will enhance transaction capacity and increase data availability, making Ethereum a secure settlement layer for the ecosystem. Van de Poppe predicts that the price of Ethereum could surge by over 50% to reach $3,500, a level not seen since its all-time high during the bull run in 2021.