Bro, Ethereum is about to upgrade soon—let’s chat for a bit.

Hey, did you hear? Ethereum is planning a major upgrade in June. The Gas limit is being raised to 200 million, fees are said to drop by nearly 80%, and transaction speed could reach 10,000 transactions per second.

Sounds pretty intense, right? But don’t just get excited—let me tell you a few pitfalls.

First, the “deflationary” story around ETH may be cooling off for now.

In the past, we used to hype ETH as “ultrasound money,” because each transaction burns a portion of the coins. The amount burned was more than the newly issued amount, so the total supply kept falling.

Now that transaction fees have dropped sharply, the amount burned also goes down. In the first three months, it’s very likely that burning will be less than new issuance, and the total supply could actually increase. People who were betting on the deflationary logic should probably make a run for it first.

Second, institutions bought $100 million in a day—what are they after?

Big names like BlackRock and Fidelity have recently suddenly poured $100 million into ETH. Interestingly, Bitcoin on the other side hasn’t really moved much.

These people aren’t just jumping on the bandwagon—they’re coming for this upgrade too. They’re betting that after the June launch, Ethereum will truly become faster and cheaper. If they bet right, ETH will be repriced again; if they bet wrong, they’ll run faster than rabbits.

Third, the middlemen’s livelihood is being kicked aside.

There used to be a group of middlemen called Flashbots. They specialized in helping miners earn the kind of “transaction ordering” profits—often referred to as MEV—then they would take a cut and get to enjoy it.

This upgrade directly replaces them with built-in protocol features, meaning the official team is stepping in to reclaim the profits. People whose jobs get taken might even dump some ETH to exchange for cash, creating a round of mild selling pressure.

So what happens to the price in the short term?

Let me give you a rough idea:

· From now until the end of May, with institutions propping things up, prices could still rise a bit.
· In the days when the June upgrade goes live, it’s likely there will be a 5%-10% pullback—same old script: “buy the rumor, sell the fact.”
· By July and August, it’ll depend on the real data. If the chain activity really heats up, it keeps pushing forward; if nothing changes, it’ll just sit there.
$ETH