[Flash News] In the first quarter of 2024, major developments in Ethereum are changing the way it operates. The Dencun upgrade improved Ethereum’s scalability and reduced transaction costs, while the price of Ethereum reached $4,000, a new high in two years. Ethereum staking has also increased significantly, with a 9% increase in ETH staked. This growth is driven by new developments such as MEV, liquidity staking, re-staking and liquidity re-staking. The Ethereum derivatives market has also seen significant growth, with options open interest increasing by 50% to a new high. These changes indicate significant changes in the Ethereum ecosystem, affecting network functionality and investment dynamics. Investors need to adapt their strategies and understand the interplay between these upgrades and market changes to optimize their investment approach, manage risk, and take advantage of opportunities from Ethereum’s expanding role in financial markets.