Analyst Forecasts Altcoin Price Boom With Ethereum ‘Dencun’ Upgrade, Unveils Top Choices
Summary
- Ethereum's 'Dencun' upgrade on March 13 aims to enhance scalability, security, and usability. - EIP-4844 introduces Proto-Danksharding, reducing transaction costs for Layer-2 users and increasing Ethereum's transaction throughput. - Layer-2 chains are expected to become more attractive for dApp builders and users due to reduced gas fees. - Altcoins like Polygon (MATIC), Arbitrum (ARB), Optimism (OP), COTI (COTI), Mantle (MNT), and Metis (METIS) are highlighted for potential growth. - Other L2s like Manta Network, Starknet, zksync, and LineaBuild also show promise. - Ethereum's positive market performance is expected to continue leading up to the upgrade. ETH is currently trading at $2,947, up 1.6% in the past 24 hours.
