There is no gainsaying about this, that Ethereum is truly the king of all altcoins.
Ever since XRP took over the 2nd position, i knew it was not going to last. The updates that were being announced were just taking profits.
Inasmuch as cryptocurrency and blockchain technology is concerned, decentralization will always take the lead, because that was the purpose of creating blockchain.
This is just the beginning. The Bakkt approval has not yet been lunched, other proposed milestones have not started and this is happening (eth on position 2).
What if the updates are eventually integrated, we might see ethereum at 0.05 BTC per ETH.
Now everything in Ethereum depends on the next update. Ethereum price will rise very fast if there is a positive and non-problem development.
I agree. If they really did a good job in this update, then Ethereum would moon once again. I'm also hoping for this development that they are going through. Also, once they upgraded their system to make it even more faster and convenient to transfer, then I think more players would use it.