In August 2022, the Ethereum Foundation issued a cautionary statement that the forthcoming Paris upgrade would not lead to a decrease in gas fees. As a result, #ether prices experienced a decline of more than 40%.
However, this development also provided a glimpse of the possible upcoming driver for #Ethereum investors: the prospect of reduced gas fees. This has since emerged as a pivotal component that the coming Cancun upgrade, known as EIP-4844 aims to address.
Please note that if you have a long-term belief in #Eth , you are likely to achieve better returns by holding rather than engaging in active trading.
However, this development also provided a glimpse of the possible upcoming driver for #Ethereum investors: the prospect of reduced gas fees. This has since emerged as a pivotal component that the coming Cancun upgrade, known as EIP-4844 aims to address.
Please note that if you have a long-term belief in #Eth , you are likely to achieve better returns by holding rather than engaging in active trading.