https://farcaster.xyz/goose/0xb743b33e
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"Your vibe attracts your tribe."
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Ethereum network upgrades can significantly impact ETH’s price by enhancing scalability, security, and efficiency, often boosting investor confidence. For instance, the 2022 Merge, shifting to Proof-of-Stake, reduced energy use by 99.95% and slowed ETH issuance, creating deflationary pressure—ETH supply dropped 0.2% annually versus Bitcoin’s 1.7% growth, per Forbes. Post-Merge, ETH briefly rallied but later faced macro headwinds. The upcoming Pectra upgrade (2025) aims to optimize Layer 2 scaling, potentially slashing transaction costs and driving adoption, which could lift ETH demand. Historically, upgrades like EIP-1559 (2021) burned ETH, tightening supply and supporting price gains. However, short-term volatility often follows due to hype, profit-taking, or external factors like regulation. Long-term, upgrades strengthen fundamentals, typically correlating with bullish trends if market conditions align.
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