Close Menu
  • Home
  • Articles
  • Cryptocurrency
    • Market Analysis
    • Exchanges
    • Investment
  • Blockchain
    • Financial Market
    • Bank
    • Wallet
    • Payment
    • DeFi
    • Blockchain Platform
    • Supply Chain
    • DApps
  • Technology
    • Bitcoin
    • Ethereum
    • Other Currencies
  • Reports
    • Private Sector Report
    • Rating Report
    • Novice Tutorial
    • Interviews
    • Exclusive View
  • All Posts
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
BlockMediaBlockMedia
Subscribe
  • Home
  • Articles
  • Cryptocurrency
    • Market Analysis
    • Exchanges
    • Investment
  • Blockchain
    • Financial Market
    • Bank
    • Wallet
    • Payment
    • DeFi
    • Blockchain Platform
    • Supply Chain
    • DApps
  • Technology
    • Bitcoin
    • Ethereum
    • Other Currencies
  • Reports
    • Private Sector Report
    • Rating Report
    • Novice Tutorial
    • Interviews
    • Exclusive View
  • All Posts
BlockMediaBlockMedia
Home » “Countdown: Ethereum’s ‘Dencun Upgrade’ in Five Days! Are Major Layer2 Solutions Ready?”
Ethereum

“Countdown: Ethereum’s ‘Dencun Upgrade’ in Five Days! Are Major Layer2 Solutions Ready?”

By adminMar. 8, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
"Countdown: Ethereum's 'Dencun Upgrade' in Five Days! Are Major Layer2 Solutions Ready?"
"Countdown: Ethereum's 'Dencun Upgrade' in Five Days! Are Major Layer2 Solutions Ready?"
Share
Facebook Twitter LinkedIn Pinterest WhatsApp Email

With only five days left until Ethereum’s “Dencun upgrade,” David Silverman, the Vice President of Product at Polygon Labs, stated that the integration of various Layer2 solutions will not depend on the Dencun upgrade alone. The upgrade includes multiple improvement proposals called EIPs and is expected to reduce the cost of storing data on the blockchain for Layer2 solutions.

Despite the imminent mainnet launch, David Silverman mentioned that the implementation of these improvement proposals will take a few weeks through integration protocols. He further explained that after the mainnet upgrade, major Layer2 solutions, such as Optimism, will follow suit. For example, OP Stack is expected to upgrade and expand its advantages to the Optimism Superchain ecosystem. Therefore, Base, Mode, Zora, Aevo, and Fraxtal will all be part of that ecosystem. Base’s official statement supported this.

On the other hand, Polygon zkEVM plans to support EIP-4844 in its upcoming Feijoa upgrade. Following the Elderberry upgrade last month, the Feijoa upgrade is expected to go live on the testnet in April. According to the Polygon zkEVM standard 10-day “Timelock” mechanism, the Polygon EIP-4844 is expected to go live on the Polygon mainnet around May 1.

Furthermore, Arbitrum One and Arbitrum Nova are also planning to upgrade to ArbOS 20 “Atlas” version, and this proposal has been approved by ArbitrumDAO. To ensure stable network operation, all node operators need to upgrade their Nitro nodes to version 2.3.1 or a newer version by March 14, 2024.

Moreover, the Dencun upgrade has already been launched on Arbitrum Sepolia on February 29, 2024, and these upgrades will significantly enhance the performance and functionality of the Arbitrum chain.

Influenced by the news of the “Dencun upgrade,” major Layer2 solutions have experienced impressive price increases within seven days. Polygon has risen by 14.6%, Optimism by 22.7%, and Arbitrum by 10.1%.

Layer2 price | Source: Coingecko

Related Reports
Countdown to Ethereum’s Dencun upgrade: Can it solve the scalability issue?
Morning Report in the Crypto Market: Ethereum hits $3,000, will the Cancun upgrade be the catalyst? Bitcoin weakens, falling below $52,000.
After Ethereum’s Cancun upgrade, Layer2 solutions will face “internal conflicts.” How will the market evolve?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous Article14 More Arrested in Third Wave of Investigation into ACE Cryptocurrency Scam, Confiscating Over 480 Million Yuan
Next Article Sui Loans Agreement Launches Scallop Airdrop! Claim Link Here, $SCA Surges to 1.7 USD

Related Posts

Understanding Ethereum ERC-7786: A Unified Multichain Collaboration Standard, Heralding the Era of “Unity” in the ETH Ecosystem?

Jun. 18, 2025

What Could Be the Potential Peak of Bitcoin This Cycle? An Analysis Using Multiple Valuation Models

Jun. 17, 2025

Cardano Prepares for Coin-to-Coin Exchange: Founder Proposes $100 Million in ADA for Bitcoin and Stablecoins to Address DeFi Liquidity Issues

Jun. 14, 2025
Don't Miss

Federal Bank Explains the Ban on Scheduled Transfers: High Proportion of Alert Accounts in Cryptocurrency Accounts Makes Fraudulent Money Flows Difficult to Track.

By adminJun. 18, 2025

Taiwan’s Two Major Financial Institutions Suspend Virtual Currency Platform Account TransfersRecentl…

Understanding Ethereum ERC-7786: A Unified Multichain Collaboration Standard, Heralding the Era of “Unity” in the ETH Ecosystem?

Jun. 18, 2025

ARK Invest Sells Approximately $51.7 Million of Circle Stock, Representing Only 10% of Cost Basis

Jun. 17, 2025

What Could Be the Potential Peak of Bitcoin This Cycle? An Analysis Using Multiple Valuation Models

Jun. 17, 2025
Our Picks

Federal Bank Explains the Ban on Scheduled Transfers: High Proportion of Alert Accounts in Cryptocurrency Accounts Makes Fraudulent Money Flows Difficult to Track.

Jun. 18, 2025

Understanding Ethereum ERC-7786: A Unified Multichain Collaboration Standard, Heralding the Era of “Unity” in the ETH Ecosystem?

Jun. 18, 2025

ARK Invest Sells Approximately $51.7 Million of Circle Stock, Representing Only 10% of Cost Basis

Jun. 17, 2025

What Could Be the Potential Peak of Bitcoin This Cycle? An Analysis Using Multiple Valuation Models

Jun. 17, 2025
Latest Posts

Federal Bank Explains the Ban on Scheduled Transfers: High Proportion of Alert Accounts in Cryptocurrency Accounts Makes Fraudulent Money Flows Difficult to Track.

Jun. 18, 2025

Understanding Ethereum ERC-7786: A Unified Multichain Collaboration Standard, Heralding the Era of “Unity” in the ETH Ecosystem?

Jun. 18, 2025

ARK Invest Sells Approximately $51.7 Million of Circle Stock, Representing Only 10% of Cost Basis

Jun. 17, 2025

What Could Be the Potential Peak of Bitcoin This Cycle? An Analysis Using Multiple Valuation Models

Jun. 17, 2025
About Us
About Us

BlockMedia, your comprehensive source for breaking blockchain news, in-depth analysis, and valuable resources. Unravel the blockchain revolution as it happens, with us.

Categories
© 2025 blockogmedia .

Type above and press Enter to search. Press Esc to cancel.