Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»Ethereum: With ‘Tencoon’ scheduled, what’s next for ETH?
ALTCOIN NEWS

Ethereum: With ‘Tencoon’ scheduled, what’s next for ETH?

By Crypto FlexsFebruary 9, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ethereum: With ‘Tencoon’ scheduled, what’s next for ETH?
Share
Facebook Twitter LinkedIn Pinterest Email

  • Ethereum’s Dencun upgrade is scheduled for March 13th.
  • Positive sentiment can influence the price of Ethereum, but volatility can be expected.

At their bi-weekly meeting this week, Ethereum (ETH) developers designated March 13 as the expected date for the long-awaited Dencun upgrade, beginning a countdown to the blockchain’s most significant changes after April 2023.

expectations rise

The Dencun upgrade is particularly recognized for its “proto-danksharding” feature, which is designed to lower transaction costs on secondary layer 2 networks built on Ethereum by providing dedicated storage for data.

This decision was communicated at Allcore Developer Consensus Layer Call 127, one day after successfully implementing the upgrade without any issues on the Holesky testnet, the third of three test networks.

The exact activation of the Dencun upgrade on the main Ethereum network, referred to as a “hard fork”, is set to occur in slot 8626176 on March 13 at exactly 13:55 UTC.

However, the date requires verification by the developer and confirmation via the open source software platform GitHub. Dencun’s introduction of “proto-dank sharding” will help reduce transaction costs for rollups by introducing a new transaction class, data “blobs” as a new category for data storage.

Will ETH rise?

This upgrade will make transaction costs more affordable, attracting more users and increasing overall network activity.

Positive sentiment surrounding a major upgrade often helps boost investor confidence.

As Ethereum becomes more efficient and user-friendly, it can attract new investors and encourage existing investors to hold on to their Ethereum holdings. This increase in demand could potentially push the price of Ethereum higher.

These positive developments often contribute to an optimistic outlook for Ethereum, influencing investor perception and potentially leading to price increases.

However, updates like this can also impact “buy on the rumor, sell on the news” events, where large build-ups occur before an anticipated event occurs, but prices plummet as soon as that event occurs. This behavior was seen by traders when Ethereum switched from proof-of-work to proof-of-stake during the “merge” update.


Realistic or not, the market cap of ETH relative to BTC is:


At press time, ETH was trading at $2,457.59, with the price up 1.48% over the past 24 hours. The number of addresses holding ETH also increased during this period.

ETH’s network growth also increased during this period, meaning that new addresses are showing interest in Ethereum. As accumulation increases, volatility around the ETH price will also increase.

Source: Santiment

Next: Ethereum: Buterin’s face used in deepfake video promoting wallet drain

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Binance explodes 466m LUNC with oblivion: revival play or special effect?

September 4, 2025

Defi Surges, BTC Swings & Tradfi faces freezing: Daily encryption failure

August 28, 2025

Keepsolid launches KS COIN: Loyalty encryption through actual utility token benefits

August 14, 2025
Add A Comment

Comments are closed.

Recent Posts

The cryptocurrency is falling when the tokens and stocks connected to Trump are under pressure.

September 5, 2025

Cango Inc. Reports Second Quarter 2025 Unaudited Financial Results

September 5, 2025

Coindesk July 2025 Report: Stablecoins and CBDC

September 5, 2025

NOWPayments To Participate In SiGMA Europe Rome 2025

September 4, 2025

Web3 Enabler Announces Blockchain Payments V3.1 At Northeast Dreamin In Boston

September 4, 2025

Is XRP The Dark Horse Of The Cryptocurrency World? Earn 652 XRP Daily Using Invro Mining’s Smart Contract

September 4, 2025

TRX Was Early, ETH Set The Standard, BNB Built The Scale- Now SYC Brings The Next Evolution

September 4, 2025

Sign Up And Receive $500 Bonus, Ushering In A New Era Of Compliant And Secure Crypto Investment

September 4, 2025

Why experts say that 99%of the traders are wrong

September 4, 2025

ChainUp Named Double Finalist At Thomson Reuters’ ALB Pan-Asian Regulatory Awards 2025

September 4, 2025

Integrated security classes can accelerate the adoption of institutional passwords.

September 4, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

The cryptocurrency is falling when the tokens and stocks connected to Trump are under pressure.

September 5, 2025

Cango Inc. Reports Second Quarter 2025 Unaudited Financial Results

September 5, 2025

Coindesk July 2025 Report: Stablecoins and CBDC

September 5, 2025
Most Popular

Paxos expands to Solana (SOL) blockchain as it becomes a multi-chain stablecoin issuer

December 24, 2023

Loon Protocol is struggling to generate fee revenue as Bitcoin’s conservative framework limits its growth.

August 13, 2024

OKX launches P2P block trading for bulk cryptocurrency trading

May 17, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.