Is Ethereum making big moves again? A technological revolution is brewing

Recently, news has emerged that the Ethereum community is full of anticipation for its upcoming development directions. According to technical discussions, Ethereum is pushing forward a series of major upgrades aimed directly at industry pain points.

Let's first look at Ethereum's current strength. After completing the Merge upgrade, this blockchain's energy consumption has decreased by 99.9%, dropping from an annual consumption of 23 billion kWh to a level that is almost negligible. This is not just a victory for environmental issues but also signifies a qualitative leap in operational efficiency.

How is on-chain activity? Daily active addresses have remained stable above 500,000 for a long time, and the total value locked (TVL) in the DeFi ecosystem has rebounded to $40 billion, still firmly occupying the top tier. Behind these numbers are the real choices of developers and users.

What is truly worth paying attention to is the progress of the technical roadmap. Danksharding has already begun deployment. This upgrade promises to increase transaction processing capacity by 100 times while bringing Gas fees close to zero. Sounds like a pie in the sky? Not entirely — the test network has already demonstrated the ability to process 100,000 transactions per second, and the technical proof is on the table.

From a funding perspective, although short-term prices fluctuated after the Merge, over 60% of long-term holders are still in profit. More importantly, institutional capital inflows have tripled, indicating that professional players still have confidence in Ethereum's prospects.

Of course, the ultimate test of these technical upgrades will be their execution. But based on current progress and data, Ethereum is indeed steadily fulfilling its promises.