Ethereum Traders Target December 3rd for Potential Price Surge with Fusaka Upgrade

As Ethereum enters its upgrade season, traders anticipate a significant market impact from the upcoming Fusaka upgrade on December 3rd. According to Merlijn The Trader, this upgrade is expected to be even more impactful than the Pectra upgrade, which previously propelled ETH prices upwards by over 58%. The hype surrounding Fusaka stems from its focus on several high-impact improvements, including enhanced Layer-2 scaling efficiency and faster transaction processing. These upgrades aim to boost Ethereum’s competitiveness against alternative smart-contract platforms vying for market share.