The highly anticipated Fusaka Upgrade for Ethereum is on the verge of going live on Wednesday, heralding significant enhancements to the network’s overall functionality. Analysts contend that this pivotal development could usher in a considerable supply crunch for ETH, potentially boosting its price during a challenging period for the broader cryptocurrency market. Layer 2 Solutions To Boost ETH Burn According to analysts at Bull Theory, the Fusaka Upgrade integrates components from previous upgrades—Osaka, Fulu, and PeerDAS—but its most impactful feature is its resolution of one of Ethereum’s biggest challenges. Layers 2 (L2) solutions have long utilized Ethereum’s security while contributing minimal fees back to the network
source: https://www.newsbtc.com/ethereum-news/ethereum-fusaka-upgrade-goes-live-today-experts-predict-potential-supply-crunch-ahead/