Anthony Sassano, the founder of an Ethereum-focused media channel, drew attention to a pump event that will take place in the altcoin market in the next 6-12 months.
Ethereum advocate says next year will be exclusive to these altcoins
The crypto market is witnessing a significant increase in Tier-2 Blockchain projects. Anthony Sassano, a prominent Ethereum advocate and founder of an Ethereum-focused media channel, recently shed light on the technical developments that will take place in this industry in the medium and long term.
Sassano believes these advances will pave the way for a full-blown “Tier-2 bull” in the crypto market next year. You can take a look at the prominent altcoin projects in this area from this article. The Ethereum supporter then detailed his expectations under a few main headlines…
Key factors of the Tier-2 rally
According to Sassano, the following developments could potentially fuel layer 2 crypto projects for a major rally:
- Ethereum Improvement Proposal (EIP) 4844: Sassano highlighted that the implementation of EIP-4844 is expected to significantly reduce its fees. This offer, which will go live by the end of this year, will address one of the most pressing pain points for users and developers in Tier-2 solutions, making them more affordable.
- Basic mainnet expansion. Once the core mainnet goes live, the Ethereum ecosystem is poised to potentially attract millions of new participants. This expansion will drive greater adoption and use of Tier-2 solutions as more users interact with Ethereum-based applications.
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