Protocol Upgrades and Sentiment Shift Fuel Growth

[johnblockbuster]

One major catalyst behind the surge is Ethereum’s Fusaka upgrade, implemented in December. Santiment analysts say the upgrade made Ethereum cheaper and easier to use by improving on-chain data handling and lowering costs for Layer-2 networks posting data back to mainnet.

At the same time, crypto sentiment has improved. Holder outlook shifted from negative to neutral and positive in mid-December, a pattern that often aligns with increased retail participation. As confidence returned, more users began creating wallets to explore DeFi, NFTs, and other Ethereum-based applications.

[lingriiddd]

cheaper eth fees instantly changes the mood, crazy how fast sentiment flips