Ethereum MegaETH Upgrade Don Boost DeFi, Pass Bitcoin Overtake
Ethereum mission no be to replace Bitcoin, na to make Web2 platform and old finance better wit decentralized infrastructure. Bitwise CEO Hunter Horsley talk say blockchain na like apps for one shared OS: Bitcoin dey hold value, but Ethereum dey power permissionless DeFi, AI-powered dApps, digital IDs and token markets. Last week, ETH jump almost 20%, trade around $3,046 after e surge 18.5% due to more DeFi adoption and tokenization. Di network modular MegaETH upgrade show 1.7 Ggas/s throughput, over 100,000 TPS, latency less than one millisecond and EigenDA security, fit handle 130 million transactions daily. Traders dey see these software betterments, plus cheaper and faster node operation and more developer activities, as good signs for Ethereum long-term scalability and market demand.
Bullish
Dis news beta for ETH. Di quick price rally wey almost reach 20% last week show say market get strong confidence for Ethereum role inside DeFi and tokenization. Di MegaETH upgrade get beta metrics—high throughput, low latency and better security—wey don solve old scalability wahala dem, make node work cheap and fast. Dis technical progress fit make developers do more work and bring real-world use wey fit show for Web2 and old finance system, wey go push demand for ETH steady steady. For short term, better hope for network upgrade fit make price rise more. For long term, better scalability and more people wey dey use DeFi go support Ethereum core value and keep better trend up.