TechFlow reported that Coinbase stated in its weekly newsletter that ETH is poised for a breakthrough year. Recent news about Bitcoin ETFs has positively impacted Ethereum, driving its price above $2,700—the highest level since May 2022.
Coinbase believes Ethereum's upcoming Dencun upgrade and growing institutional demand could further propel ETH.
The Dencun upgrade aims to enhance the mainnet's scalability by introducing "data blobs" to reduce network congestion and fees.




