ARB, OP, LDO, METIS: ETH beta plays heat up this week as Dencun Upgrade goes live on Gnosis

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ARB, OP, LDO, METIS: ETH beta plays heat up this week as Dencun Upgrade goes live on Gnosis
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Arbitrum (ARB), Optimism (OP), Lido DAO (LDO) and Metis (METIS) could record some volatility this week as part of the Ethereum (ETH) beta plays.

Ethereum network features Dencun Upgrade on Wednesday, combining two separate updates. Markets anticipate dramatic impact on gas fees for Ethereum scaling networks. Arbitrum, Optimism, Lido DAO and Metis are likely to enjoy liquidity overflows as part of ETH beta plays. Arbitrum , Optimism , Lido DAO and Metis could record some volatility this week as part of the Ethereum beta plays.

Other projects that could benefit from the upgrade include Celestia, Avail and EigenDA, which could become more attractive because of the reduced cost of data available on Ethereum. Also Read: Ethereum price trades above $4,000 while anti-Ether political campaigns downplay spot ETH ETF Ethereum development FAQs What is the next big Ethereum software update? After the Merge, the Ethereum community is looking at the Sharding upgrade next, which has been slated for sometime later in the year.

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