@feltons
Since Shanghai's 2023 unlock, Layer 2 adoption soared 400%, slashing ETH gas to 5 Gwei average, boosting network vitality. Over next three months, ETH—now $3,200—could climb to $4,000, per on-chain metrics showing 1.2M daily active addresses, up 25%. Lower fees democratize DeFi, with TVL hitting $120B, driving demand. Yet, volatility lingers: EIP-4844's danksharding may further compress costs, amplifying scalability. Bull case: staking yields 4.5%, attracting $50B locked. Bear risks: regulatory scrutiny caps gains. Overall, data points to 20-30% appreciation, as efficiency fuels ecosystem growth, positioning ETH as Web3's backbone amid maturing upgrades.