While the broader cryptocurrency market consolidation, Ethereum has been on an upward trajectory in the last 24 hours. The Ethereum price jumped to $2,400 earlier today despite the SEC delaying the spot Ethereum ETF approval from Invesco and Galaxy Digital.
Ethereum Dencun Upgrade Arrival
In a significant development for the Ethereum ecosystem, the Dencun integration will go live on the Holesky Ethereum testnet within the next few hours.
This milestone marks the final testnet fork before the anticipated mainnet deployment, with expectations running high for an official mainnet launch date announcement during tomorrow’s AllCoreDevs call. Industry insiders indicate that the mainnet rollout is likely to occur in the early to mid-March timeframe.
Of particular note is the impending implementation of EIP-4844. This functionality targets a substantial reduction in costs for Layer 2 (L2) rollups by introducing blob-carrying transactions. Blobs, also known as binary large objects, facilitate

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