Louis from Coin Bureau breaks down Ethereum’s upcoming Fusaka upgrade - a major hard fork launching on December 3. While it may not be flashy, its under-the-hood improvements could boost scalability, lower costs, and spark a meaningful ETH rally if the macro backdrop cooperates.
Louis’ Outlook – Key Points
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Fusaka = 12 powerful upgrades – Includes EIP-7594 (Pure DOS), which makes data handling more efficient and unlocks better performance for Layer 2s, helping ETH scale without compromising decentralization.
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Focus on scalability and UX – While previous upgrades improved features like smart wallets, Fusaka enhances Ethereum’s core infrastructure, making it faster, cheaper, and easier to build on.
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Institutions are watching – With Ethereum positioning itself as the “institutional liquidity layer,” upgrades like Fusaka strengthen its appeal to Wall Street and pave the way for adoption.
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Historical pattern – ETH tends to rally before upgrades, then cool off post-launch. Fusaka could trigger a similar rally, but expectations for a new all-time high may be too optimistic in this market.
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Next catalysts: staked ETH ETFs – Beyond Fusaka, ETH could benefit from pending ETF approvals with staking rewards, potentially driving new institutional flows.
Final Takeaway
Fusaka may not grab headlines, but it’s a big deal for Ethereum’s long-term health. With strong fundamentals and historical upgrade patterns in play, ETH could see a short-term rally. Still, Louis stays cautious - macro conditions and follow-up catalysts will decide how far ETH can run.
