PANews reported on May 12 that according to Matrixport's analysis report today, Ethereum has recently achieved a growth of more than 60%, mainly due to the simplified vision and technical upgrades proposed by Vitalik. On May 3, Vitalik proposed a simplified vision for Ethereum Layer 1 with "clarity" and "security" as the core. Among them, EIP-4850 introduces a revenue sharing mechanism with Layer 2 to help Ethereum capture value from L2 activities; EIP-7691 reduces L2 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 volume surged to US$221 million. This anomaly usually occurs in the downward phase of the market rather than during price increases.
