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Analysis: Ethereum has recently achieved a growth rate of over 60%, mainly due to Vitalik's simplified vision and technology upgrades

On May 12, according to Matrixport's analysis report today, Ethereum has recently achieved an increase of more than 60%, mainly due to Vitalik's simplified vision and technology upgrades. On May 3, Vitalik proposed the Ethereum Layer 1 simplification vision with "clarity" and "security" as its core. Among them, EIP-4850 introduced a revenue sharing mechanism with Layer 2 to help Ethereum capture value from L2 activities;EIP-7691 reduces L2 handling fees by expanding data block capacity, improves operating efficiency, and attracts more on-chain transactions to return to the main network. In addition, the report pointed out that Ethereum's recent liquidation scale surged to US$221 million, an anomaly that usually occurs during market downturns rather than during price increases.

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