Can Ethereum scale 100x in the next few months?
I already predicted this a week ago in my telegram channel and now, Vitalik just confirmed it.
With Optimism coming out on March 15th and UNI, LINK, COMP, RARI, SNX, Coinbase having already tested Optimism for months and are ready to deploy, Ethereum’s scalability could really go up from currently around 12 TPS to a theoretical 1,200 TPS within a couple of months.
This could throw Ethereum into a frenzy, with a lot more usage and a lot more interesting dApps launching on Ethereum.
This would also enable Ethereum to take a lot of load off the Bitcoin blockchain, which should Bitcoin enable to go to $100,000 easily and possibly also to $200,000 just because of Ethereum.
This could also catapult Ethereum to $10,000 until June, which looks like the next bull cycle to happen.
Imagine this, $0.1 trading fees for Ethereum DeFi applications instead of $50, this could make a lot of very interesting things happen for Ethereum.
This would cause all the ETH killers and second layer solutions to take a serious hit.
However, we still need to wait for Optimism launch and see if it doesn’t underdeliver.
For now, I will keep updating those in my telegram channel about all major updates that I will get.