
Though we know we saw lots of development and hardfork in ethereum coin and every hardfork gives a little push to ethereum. And Ethereum is the second most choose and trusted coin for crypto users. But after the blockchain fee problem in ethereum people are being so frustrated. And then we heard about EIP-1559. We know that EIP-1559 is mostly known as london network upgrade. And for this upgrade they get a huge amount of ethereum donation. We all are waiting for that upgrade day. And we know this EIP-1559 will be work for fee market change in Ethereum 1.0 now that time is comes only 3 few days left for that hardforking day. Will you guys excited.
Now whats your opinion about EIP-1559 can this hardfork being a game changer for ethereum? And whats your thought where this upgrade reach ethereum price. The forking gives at least more than 1k added to the value , is this what we expected?
NO !!!!
I thought that the run will go high more than the run of other coins but it looks like Cardano(ADA) made the success and not ETH lol.
Ethereum will surely go to reach a new ATH before year end, if Bitcoin will not going to fall down ethereum will follow. I believe that crypto is going be more bullish before the year end. The amazing hard fork and the acceptance of bitcoin as payment in more company's can maybe have an effect of the current price.
Though Transaction fee has not come down on Ethereum network as yet but team is working on it to bring it down to reasonable level. After after the upgrade Ethereum coins are countnousaly being burnt which mean less supply in the market which will ultimately push it to new ATH . It has already gained $1000 after the successful implementation of upgrade project but it has not shown its real colour. My expectation of Ethereum Price is between 8 to 10K before the end of 2021. I am not a Financial adviser, Please do your own reserch.
and this will be the reason why Ethereum 2.0 was built and waiting to be released completely.