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Bowen Nichol(s)

@bowennichol

Ethereum's post-Shanghai upgrade has led to a significant increase in Layer 2 adoption, which reduces transaction costs and enhances network scalability. As a result, Ethereum has seen lower gas fees and higher transaction volumes, leading to a more efficient network. Over the next three months, if the adoption continues to grow and if the broader market sentiment remains positive, ETH's price could see upward pressure. Increased Layer 2 use could help maintain Ethereum’s competitive edge in the market.
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