• Ethereum co-founder Vitalik Buterin believes that the crypto scaling issues need to be fixed before the next bull run arrives.
• The Shapella upgrade has allowed Ethereum to become more eco-friendly, and transactions faster and cheaper.
• The upgrade could potentially attract institutional investors from Wall Street.
Ethereum’s Next Bull Run: Scaling Issues Need Fixing
Ethereum co-founder Vitalik Buterin is confident in a forthcoming bull run but insists that the crypto scaling issues need to be fixed beforehand. This is necessary to avoid hefty transaction fees during a potential surge in market activity.
The Shapella Upgrade
The major improvements made by the Shapella upgrade have enabled Ethereum to become more eco-friendly, as well as allowing for faster and cheaper transactions. It has also unlocked staked currency units which had been unavailable up until this point.
Attracting Institutional Investors?
The success of the Shapella upgrade has caught the attention of outside parties, with some analysts believing it will bring about increased interest from Wall Street institutional investors. Mona El Isa, chief executive of Avantgarde Finance, commented on its potential impact on digital assets becoming mainstream investments for funds.
Vitalik Buterin’s Plans
It remains unknown whether Vitalik Buterin plans to include scalability solutions as part of his upcoming development work on Ethereum, but he is aware of how essential these improvements are if another bull run is desired without high transaction fees getting in the way.
Conclusion
Overall, although there are still some obstacles standing in its way, Ethereum appears to be continuing its journey towards mainstream adoption with the help of recent upgrades such as Shapella – potentially bringing with it a wave of new institutional investors from Wall Street and beyond!
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