Why is this wave of Ethereum only seeing $10,000? I found that the divergence of this wave of Ethereum is really huge.

Those who are optimistic about Ether believe that it will not even reach 10,000, while those who are not optimistic about it believe that it is difficult to break the previous high. But in fact, Ether is still the same as it used to be, it has not changed at all.
But compared to the previous wave, this wave does have some progress and iteration, slightly different.
Summarized a few points:
This wave of Ether (ETH) and the previous one have some specific differences. After reading this, you may find it helpful. The biggest difference is that it has completed a 2.0 upgrade, changing its consensus mechanism from POW to POS, significantly reducing transaction fees. Its network scalability has also been greatly improved, especially after the Shanghai upgrade, introducing a staking mechanism. A large amount of ETH has been staked in the POS, reducing liquidity. Therefore, for the coin price, it is a potential positive. In addition, the Ethereum ecosystem is getting better and better. You can look at the total locked amount in the entire defi, which is still the largest, still the first, and there is no other.
Its Layer 2 network is also well-developed, such as arb, ZK, and other initiatives that have promoted the interaction volume on its Layer 2 network. There is also its 1559 protocol, which introduced a burning mechanism, turning Ethereum into a deflationary currency. However, there are drawbacks. Although the transaction fees have been greatly reduced, they are still not low enough to support TPS at the level of bank card transactions. Additionally, after transitioning to Proof of Stake (POS), its decentralization has indeed decreased, resulting in a loss of some users. It has undergone two forks, and the number of users will definitely decrease after a fork.
This is the difference between the last wave of ETH and this wave, but overall, I still prefer ETH. #$GT持续突破历史新高 #圣诞狂欢季，加密市场年终猜测 #ETH #BTC #GateioInto11