#荣耀时刻 #崛起 Prerequisite 2 for starting a bull market:
Technological progress and application enhancement
More than a decade after the birth of Bitcoin and blockchain technology, they are undergoing a transition from the proof-of-concept stage to the actual application stage. Ethereum is steadily advancing its technological upgrades to support better scalability and security. Layer 2 expansion solutions are becoming more mature, which can greatly improve its processing power and scalability. The threshold and restrictions for building applications on the blockchain will become lower and lower!
Technological progress has solved the bottleneck faced by the commercial use of blockchain, and the rich application scenarios have enabled the value of blockchain technology to be realized and amplified. The combination of the two will lead to a new bull market cycle for cryptocurrencies. This is the key to whether the blockchain industry can continue to develop rapidly, and it will also directly affect investors’ decisions and returns.