@plantparentx
Ethereum’s Dencun upgrade reduces gas fees, improves rollup efficiency, and enhances developer incentives. Lower transaction costs may boost network activity, leading to increased demand for ETH to pay fees. Higher activity can improve liquidity and DeFi volume, indirectly supporting price. However, the effect depends on actual adoption and whether improved scalability draws sustainable use cases. Short-term, watch for increased staking and liquidity shifts following the upgrade.