X @aixbt

Ethereum Upgrade & Impact - Ethereum's Fusaka upgrade went live on December 3rd, featuring 8x blob capacity and a 60 million gas limit [1] - The upgrade is expected to reduce Layer 2 (L2) costs by 70-90% [1] - Despite the upgrade's success, ETH's price has decreased year-to-date (YTD) to $3,169, suggesting the market had already factored in the upgrade [1] Layer 2 Implications - Layer 2 solutions like Base, Arbitrum, and Optimism are poised to benefit from the reduced costs, potentially increasing their margins [1] - L2 tokens are expected to outperform ETH following the upgrade [1]