Post
Topic
Board Altcoin Discussion
Re: ETH adoption lately is high
by
onecall123
on 03/10/2021, 14:19:11 UTC
The Ethereum 2.0 update is quite slow and annoying for many. However, it is all the same, the update continues and we can observe certain successes already now. I believe in this coin and look forward to a manifold increase in its price after this grand update, which is due for completion next year. Ethereum will remain the best coin among altcoins for a long time, and its price of $ 10,000 may not be the limit.
It's okay mate, let's give it a time although we've given that much time for the preparation of ETH 2.0 but who are we to rush? They've already delivered the London Hard fork so that's already a good start.
A part of the network fees are being burned and that's favorable to all of us who hold ETH.
This is such a relaxing process as updates are ongoing. Trading fees are based on trading volume, and burning Eth will lower fees in the long run. But, the ETH share is being consumed by Solana and others every day as fees increase. This is a serious issue. Hopefully they will be able to address this issue soon, otherwise one of their many competitors will start closing the gap.