Ethereum's Major Protocol Overhaul Enters Final Development Stage

How it moves markets

ETH — up: Progress toward the upgrade could improve network capabilities and support higher demand for ETH.

Chain reaction

Protocol upgrade advances to final stage

Expected gains in scalability and features

Potential rise in network usage

Increased interest in holding ETH

Scenarios

Bull case: Successful completion could lead to broader adoption of Ethereum due to enhanced capabilities.

Base case: Steady progress supports gradual network improvements without major immediate shifts.

Bear case: Delays in the final phase might reduce near-term positive effects on ETH.

Winners and losers

Winner — ETH: Potential benefits from improved scalability and features

The MAEXO take

The advancement points to a constructive path for Ethereum's development and may support positive sentiment around ETH.

What to watch next

Final testing milestones for the upgrade

Updates on new network features

Changes in ETH trading activity

Learn the concept

Technology upgrades in networks can gradually influence investor interest when they promise better performance.