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Shiba Inu to Get Boost From ETH Upgrade: Can SHIB Reverse 12% Fall?

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The week has been difficult for the cryptocurrency market. However, amid the ongoing bearish drop affecting a host of assets, Shiba Inu is expected to get a much-needed boost from an upcoming Ethereum (ETH) upgrade that may be able to reverse the ongoing 12% fall affecting SHIB. In a post to X (formerly Twitter), the project’s marketing lead Lucie noted that Ethereum’s upcoming ‘Pectra’ upgrade on Shibarium should bring a host of improvements to the ecosystem. Slated to release in April of 2025, it will merge two notable improvements into one single evolution to improve scalability, staking, and user experience. SHIBARIUM X ETHEREUM UPGRADE Ethereum's Pectra upgrade will make Layer 2 solutions faster, cheaper, and easier to use. Cheaper Bridging – Users won't need ETH for gas fees when moving assets, reducing costs and friction. Easier Onboarding – New users can start using… https://t.co/gzmwcJisUd — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) February 27, 2025 Also Read...