Ethereum’s 12th major upgrade--Cancun upgrade
ETH is ushering in the Cancun upgrade tonight. The biggest benefit is that L2 has significantly reduced transaction fees. In the future, ARB, OP and other fees will be reduced by 80%. It is worth noting that this week ARB faces huge amounts of unlocking, and project parties will often take advantage of the benefits to cash in. When the time comes, sell it so you can get a good price.
On the other hand, BTC’s L2 has also ushered in spring, TVL has begun to rise sharply, and today Musk also joined in the fun and sang long PEPE, and the meme is picking up.