Ethereum Everything Changes Tomorrow! Breaking News 2021

 

Ethereum Everything Changes Tomorrow!

Dated: 28-05-2021

 

 

 

 

 

Tomorrow everything is going to change for ethereum a major layer 2 scaling protocol is going live meaning that major ethereum dapps will be able to scale not in the distant future but from freaking tomorrow so I’ll be breaking down that story for you also more evidence of big money players taking notice of ethereum and piling into the asset including into decentralized finance and i also have some shocking statistics for you about how ethereum is slowly but surely overtaking bitcoin So let's start off our artical today by talking about the big money guys who are really starting to pay attention to ethereum so carl icahn he was interviewed on bloomberg today and had some very interesting things to say about both bitcoin and ethereum. he said with ethereum it's the underlying blockchain so ethereum has two things you can use it as a payment system or you can use it as a store of value it looks like somebody has been educating themselves on eip1559 the coming proof of stake mechanisms and the massive deflation that ethereum is about to have via the so-called triple having carl icahn on top of it. He says so ethereum and bitcoin are different bitcoin to me is just a store of value bitcoin of course gold 2.0 right now he went on later in that interview to say that icon capital is looking to make a very big move in to crypto. he threw out the numbers a billion or 1.5 billion in terms of the money that they're looking to allocate into crypto currencies now he didn't mention anything except for bitcoin and ethereum in his interview so the assumption would then be that a lot of that money will be allocated into the two top crypto currencies if they invest in anything else that's probably gonna catch a much smaller portion of their investments but wow ethereum really starting to get some top level acknowledgement here so that is really cool to see these big investors these legendary kind of investors paying more and more attention to ethereum looking beyond bitcoin carl icahn isn't the only person taking note of what is happening in the ethereum space right now kevin o'leary came out and said d5 is where the puck is going that's why i'm putting my money to work and i want to make yield on my coin remember i am a royalty guy so he was on a podcast recently and he said that he's actually starting a decentralized finance investment company now where does all of the defy stuff happen where is all the best defy with the deepest freaking liquidity it is ave and compound and uniswa and balancer and curve finance and on and on and on and all of that stuff ethereum based d5 now he didn't specifically say i'm buying ethereum or he didn't specifically say i'm buying ave and i'm buying uni swaps he'll be interested to see what the investments actually are from this company that he started but pretty gosh darn interesting to see somebody who was once a crypto hater now going balls deep into defy pretty gosh darn interesting to see so i'm sure that as time goes on we'll get some more uh insight into what exactly he has been investing into in terms of his decentralized finance portfolio we know kevin already owns bitcoin assumingly he's probably invested into ethereum as well as probably as well as the top uh d5 coins and what his company will invest in with very interesting to see too by the way if you want to stay ahead of  the curve in this fast moving market you need to check out wealth mastery and my weekly investor report every single issue  you're going to get a deep dive coin report the latest air drops the latest  token sales an interview with an industry leader a step-by-step d5  latest technical analysis tips and tricks and much much more all of that for less than 10 bucks a week meaning that this is the most value packed at the same time the most affordable investor report on the market just click on the link down below me here in the description where you can get started and become a member today now here is some shocking statistics that have been coming out about ethereum.

Recently ethereum volumes have been exploding and they have surpassed bitcoin volumes for the past month all-time highs 20 plus billion dollars in daily spot volume for ethereum this is freaking massive more daily spot volume is starting to happen for ethereum that is unfreaking real investors are taking serious notice of what ethereum is doing the demand for ethereum is absolutely freaking soaring and it's not to say that people don't still want bitcoin they obviously do still want bitcoin but as carl icahn said bitcoin it's a store of value and i dig a store value i like my gold 2.0 narrative for everything else there's ethereum holy cow this is super super big to see ethereum trading volumes passing bitcoin we also have this news that uh i shared the other day that ethereum has now tripled the daily value settled on chain versus bitcoin so last week when I covered this it was around 45 billion dollars a day currently a week later we are up to  52.34 billion dollars a day bitcoin actually down slightly very very soon we're going to see ethereum settling four times as much daily value as bitcoin absolutely freaking incredible ethereum still has a long way to go more and more investors are waking up to what ethereum is doing more and more people are actually using the ethereum chain this is incredible statistics we are seeing some truly amazing things happening right now with ethereum breaking away from bitcoin in a serious way on most of the metrics that matter the most next let's talk about scaling news and first i want to mention what's happening with polygon ethereum's premier side chain it's major scaling solution right now we're seeing all of these decentralized finance apps integrating with the polygon network  they have announced today that they are releasing the polygon  sdk now the intention of this software development kit is to help make a multi-chain ethereum into a reality you see polygon is committed to the ethereum network into helping ethereum scale they're doing that right now via the polygon side chain they're also working on different roll-up technology that's going to allow for more native integrations with the ethereum main net and they're also working on ways to help make ethereum into the  epicenter even more so than it already is of the crypto space now a lot of people have been kind of worried like oh lark what's gonna happen to polygon once more layer two scaling solutions come in which is the next story we're gonna talk about or when ethereum gets to ethereum 2.0 will there be any use for polygon anymore and my answer is resoundingly  yes there will be because what we're seeing with polygon is that they are doing all kinds of stuff they're getting massive integration massive users massive daily transactions they want to be a major software component of the future of ethereum working on this multi-chain reality one network many chains as i'm always saying and they're going beyond just their polygon side chain they're also working on these integrations like zk roll ups and if you look at polygons website and all the stuff they have planned all the stuff they're working on they are a development powerhouse and they're gonna keep delivering on a lot of exciting stuff so polygon still very very bullish now what was the big news that i have for you today well it is about arbitram now arbitram this is an optimistic roll-up scaling solution that is launching tomorrow very exciting stuff so tomorrow everything is going to change for ethereum not straight away we do need a bit of time for projects to actually start integrating this technology and deploying it but this is  incredibly big news so you remember we were talking about optimism optimism a big ethereum scaling solution as well now optimism was  supposed to launch back uh six weeks ago eight weeks ago can't exactly remember  anymore but about a month or two ago it was supposed to launch they then delayed that launch until like july or august hopefully they still get it out at some point but the thing with optimism is that they were not the only layer 2 scaling solution working on roll-up technology now roll up technology is really really interesting because it actually integrates directly in to the ethereum mainnet becomes part of the software stack of ethereum allowing these applications  to integrate the technology directly into the ethereum mainnet so arbitrum  launching tomorrow will allow ethereum applications from tomorrow to scale by 100 x that means that we're going to see major ethereum applications bringing their fees down dramatically now what I really really want to point out because i've been so just ah about uni swap not getting on the polygon bandwagon but this here is hayden adams hayden adams is the inventor of the uni swap protocol he said assuming the snapshot passes we intend to support the community by deploying the v3 uni-swap v3 smart contracts to arbitram we have already done work on interface support and planning the deployment this is super super super big news because that means that uni swap the number one gas guzzler on ethereum is going to go to layer 2 or at least integrate layer 2 as well as of course having the main net service still on offer this is huge this is super super big news because not only is uni swap the biggest gas guzzler on ethereum it's also so painful to use sometimes  like when the market starts going crazy and you have to pay like 200 to do a swap on uni swap that is not cool that sucks that just straight up sucks there's no other way to put that so uni swap fast tracking arbitrarum support for a layer 2 scaling  solution this is going to reduce the fees on uni swap from 50 bucks to like 5 cents or 50 cents or even less so it's going to be a massive  revolution and what you can do with uni swap in terms of it going on to layer 2. and the interesting thing here is that it's not just uni-swap although that's definitely the biggest news i think that i've heard around scalability for ethereum for uni swap in a long time so i'm very excited about this but we are also seeing a lot of other projects lining up so off chain labs they're the guys behind arbitram they actually said 150 different projects have requested early access to the software that means that the majority of major ethereum protocols the major ethereum applications they're lining up to get  on board so we're going to have a lot of them over on polygon that ethereum side chain we're going to have a lot of them working with arbitrarium for those more native layer two integrations what that means at a practical level is that we're likely to see ethereum gas fees going down quite a bit in the near future because the more that we offload the uh demand to layer two the lower the fees will be on layer one this is going to be massive i really really hope that amongst those 150 projects that we have the likes of ave and synthetics and balancer and curve finance and all of the other bancor all of the other really big ethereum protocols because they desperately need this these are such great services and they suffer because the gas fees are so damn high it makes it hard for people to come in which is obviously why polygon has been so damn popular because you can go and use ave on polygon for a fraction of a penny you can go and use quick swap which was the uni swap of the polygon network for a fraction of a penny it's big stuff so this is incredible news i'm very excited to see these layer two scaling solutions coming out tomorrow let's fingers crossed that they don't pull an 11th hour delay on us but itseems that they are ready so this is big news for ethereum anyway those just my two way for the day your question do you think that ethereum is ever going to flip bitcoin in market cap we have it beating it on all these key metrics like the value settled on chain even the volume of people buying and selling ethereum over taking bitcoin can we then assume that maybe one day it's going to have a bigger market cap and go on to be the number one crypto currency let me know down below in the comments section thanks so much!!!!!