Ethereum climbed 2% following developer confirmation of the upcoming “Dencun” upgrade, designed to enhance transaction speeds and lower network fees. The announcement boosted investor confidence, signaling improved scalability and efficiency for decentralized applications. Market enthusiasm extended to other smart contract platforms, reflecting optimism around cross-chain innovation and interoperability developments. Analysts note that the upgrade could strengthen Ethereum’s position in the blockchain ecosystem, attract increased developer activity, and support broader adoption, highlighting growing investor interest in performance-driven improvements across major cryptocurrency networks.