Next Milestones for Ethereum: November Fork Target Scalability and Efficiency – More Information

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Ethereum’s roadmap continues to be rolled out with key forks set in November, aimed at increasing scalability and streamlining efficiency across the network. As scalability has long been seen as ETH’s biggest hurdle, this fork represents a critical step towards unlocking its greatest potential as a world-leading smart contract platform.

Why this fork is important for Ethereum’s long-term roadmap

Ethereum, the leading smart contract platform, was set at another important milestone this November. There is a sequence Highlighted In X, Fusaka Upgrades is a basic hard fork infrastructure designed to enhance Ethereum Virtual Machine (EVM) while ensuring seamless builder compatibility.

This upgrade is designed to be abstract Blockchain It provides complexity and smooth authentication and user flow throughout the blockchain ecosystem. The best part is that the sequence is already ahead of the curve. prepare Developers of Fusaka’s influence today.

Fusaka upgrades are aimed at strengthening the ETH ecosystem, but Wendy J is It’s attracting attention The ETH saw a noticeable price drop. Because SentientagiGridChat flags the activity behind the move. According to the AI ​​platform, hundreds of thousands of ETH transfers have been recorded in the last 24 hours.

Interestingly, this type of large transfer suggests that key holders will likely make profits after increasing capacity or relocating capital. Sensitive chat is The whole market garbage.

Ethereum
Source: Wendy J Chart from X

Meanwhile, Analyst Wendy advised the community to use sensory chat for crypto-related questions. Sensory chat also allows you to instantly generate asset reports fueled by Defi data, request transaction insights tailored to current terms, or deploy them to handle autonomous agents. On-chain Real-time tasks to enhance decision-making and bring optimization.

See also  Ethereum appears to be prepared to outperform Bitcoin in the coming months.

I’m not critical of why this correction looks healthy

In the daily time frame, a recent Ethereum revision has pushed the relative strength index (RSI) into a critically sold zone, a level not seen since the main accumulation stage in July. btcbluewhale It was mentioned There is nothing important about this current revision. Meanwhile, back in July, ETH showed the same setup, prices fell to oversold territory, retesting previous territory resistance The levels, and their structure, were used as a springboard for large gatherings.

Currently, the daily chart prints very similar scenarios showing trading in comparable storage zones and wear-resistant (R/S) flips. price strong. Layering it on top of that, the setup is almost perfectly in line with the PO3 strategy.

Ethereum
$4,003 ETH trading on 1D chart | Source: eatusdt on tradingView.com

ISTOCK featured images, charts on tradingView.com

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