Latest / The Paul Barron Crypto Show / Ethereum Upgrade A Success!🎉MASSIVE UNLOCK!🚀

Transcript

Ethereum Upgrade A Success!🎉MASSIVE UNLOCK!🚀 · The Paul Barron Crypto Show

• 0:06
  Speaker 1: The Ethereum upgrade is in and Pectrum may have a
• 0:09
  Speaker 1: big impact on the Ethereum price. We'll break it all
• 0:11
  Speaker 1: down for you. My name is Paul Barren. Welcome back
• 0:13
  Speaker 1: in a tech path. Let's get started. I want to
• 0:15
  Speaker 1: thank our sponsor. That is Tangum, a great place for
• 0:17
  Speaker 1: you guys to get into self custody. You can move
• 0:20
  Speaker 1: all sorts of tokens over to your Tangum hardware wallet.
• 0:24
  Speaker 2: It's very easy to set up. It's a three card set, is.
• 0:26
  Speaker 1: The one I always recommend, and it's super secure. This
• 0:30
  Speaker 1: is one of the best systems out there. Make sure
• 0:32
  Speaker 1: and of course use our link down below. You guys
• 0:35
  Speaker 1: can just jump right in. Takes like three minutes to
• 0:37
  Speaker 1: set it up, get your three cards set, you'll be
• 0:40
  Speaker 1: off to the races and use our link to get started.
• 0:43
  Speaker 1: All right, let's get into a couple of the topics today.
• 0:46
  Speaker 1: One of the course biggest topic right now is Pectra
• 0:49
  Speaker 1: is now live on the Ethereum may neet. This is
• 0:52
  Speaker 1: doing a handful of things smart smart account wallet, this
• 0:57
  Speaker 1: is a new ux features now active. We're going to
• 1:00
  Speaker 1: some scaling on data storage for blobs. We talked about
• 1:03
  Speaker 1: that before. Validator improvements the one click concept within DeFi.
• 1:08
  Speaker 1: There's a lot of features here that are beneficial going forward.
• 1:13
  Speaker 1: Here's Jeremy A. Lair talking about that. Let me zoom
• 1:15
  Speaker 1: in on that. The Ethereum Pectra upgrade is a massive
• 1:17
  Speaker 1: unlock for providing a seamless and extensible UX for on
• 1:21
  Speaker 1: chain app usage. That I think is going to be
• 1:24
  Speaker 1: a key thing for early adopters. And when I say early,
• 1:28
  Speaker 1: I should say adoption in general of people that are
• 1:31
  Speaker 1: going to be coming into not only the Ethereum space,
• 1:33
  Speaker 1: but into crypto as a whole. And Ethereum is a big,
• 1:37
  Speaker 1: big point of entry for obvious reasons. Some of the
• 1:41
  Speaker 1: things that they were talking about that's new in Pectra
• 1:45
  Speaker 1: fewer clicks. So when you are doing transactions, smarter Wallet's
• 1:48
  Speaker 1: going to be a lot easier to use, cheaper transactions.
• 1:51
  Speaker 1: We've already talked about that. Cleaner staking, as you guys
• 1:54
  Speaker 1: know staking right now and past has been thirty two
• 1:58
  Speaker 1: eight To you know, create a validator, you had to
• 2:00
  Speaker 1: kind of stack them, so institutional wasn't very easily done.
• 2:04
  Speaker 1: This will start to change things up with batch transactions.
• 2:08
  Speaker 1: You'll be able to pay gas with various tokens I
• 2:10
  Speaker 1: think this will be a feature that a lot of
• 2:12
  Speaker 1: people will like because you'll be able to do this
• 2:15
  Speaker 1: with a whole slew of tokens. I think there was
• 2:17
  Speaker 1: one in there where they were using actually ave to
• 2:19
  Speaker 1: pay yeah right here, using ave right there on ethereum
• 2:23
  Speaker 1: to pay gas fees. So this is all functional and
• 2:27
  Speaker 1: usable today, and I think a lot of people still
• 2:31
  Speaker 1: have not seen the full effect of the impact on
• 2:34
  Speaker 1: the market. Obviously, eath price is still holding right now
• 2:38
  Speaker 1: around eighteen hundred, even though we are getting some good
• 2:41
  Speaker 1: market signals coming out of what's happening with the tariffs.
• 2:44
  Speaker 1: So Pectraum may have a little bit of a period
• 2:48
  Speaker 1: of time here where things start to brew and then
• 2:51
  Speaker 1: we get a pump in the asset itself. Just to
• 2:54
  Speaker 1: look at the validators right now, over a million validators.
• 2:57
  Speaker 1: The new compounding validators are starting to line. So what's
• 3:01
  Speaker 1: going to happen here is the active validators that are
• 3:04
  Speaker 1: sitting in there now because it takes so many because
• 3:06
  Speaker 1: the old rules on validating thirty two eight is now
• 3:10
  Speaker 1: going to start to compound for institutional clients, so that
• 3:13
  Speaker 1: is going to start siphoning off of the major validators.
• 3:16
  Speaker 1: We'll start seeing compounding validators grow, meaning people can drop
• 3:21
  Speaker 1: up to as many as I think over two thousand eths.
• 3:24
  Speaker 1: So it is a big difference in how institutional capital
• 3:29
  Speaker 1: will start to deploy on Ethereum. Other things to hit on, right,
• 3:34
  Speaker 1: here's coinbased assets they're talking about. We'll be upgrading our
• 3:36
  Speaker 1: validators with Pectra functionality in the coming months. That's going
• 3:39
  Speaker 1: to be good for coinbase because it's going to only
• 3:42
  Speaker 1: build more institutional clients for them, which will build on
• 3:46
  Speaker 1: the overall exposure of ETH even into traditional finance managers
• 3:52
  Speaker 1: and a lot of people that are out there looking
• 3:54
  Speaker 1: at Ethereum as a potential investment.
• 3:56
  Speaker 2: So a lot of big moves here, guys.
• 3:58
  Speaker 1: Let me go to a clip real quick, because this
• 4:00
  Speaker 1: is Fidelity talking about why the blob upgrade was so important.
• 4:04
  Speaker 2: Take a look.
• 4:05
  Speaker 3: This could be considered the most important change of the
• 4:08
  Speaker 3: upgrade because the current demand for blobs is consistently meeting
• 4:11
  Speaker 3: or exceeding the supply and has been causing pressure on
• 4:14
  Speaker 3: pricing for the past several months, with many layer twos
• 4:18
  Speaker 3: planning on increasing their throughput, along with Layer twos planning
• 4:22
  Speaker 3: on launching in twenty twenty five. The added supply of
• 4:25
  Speaker 3: blob space is much needed. However, the question now becomes
• 4:28
  Speaker 3: whether or not this will be enough to keep the
• 4:30
  Speaker 3: Layer two ecosystem growing until the next major upgrade.
• 4:34
  Speaker 1: All right, so, as you can see there, there has
• 4:36
  Speaker 1: been a bit of a limit, and in this chart
• 4:39
  Speaker 1: it showed kind of what the analyst was talking about
• 4:42
  Speaker 1: right there, is that they hit that max and that
• 4:45
  Speaker 1: max was occurring right around November of twenty four, last
• 4:49
  Speaker 1: time we saw a bitcoin all time high and ethereum running.
• 4:52
  Speaker 2: So the real question is.
• 4:54
  Speaker 1: Now can it hold off the growth and innovation before
• 4:59
  Speaker 1: the next up great because this is I won't say
• 5:01
  Speaker 1: it's a temporary fix, but at least for this side
• 5:04
  Speaker 1: of things when it comes to Layer twos. It is
• 5:06
  Speaker 1: one point to note here is as you can see
• 5:09
  Speaker 1: right there is the new limit right there on that
• 5:11
  Speaker 1: sixth line right there, and so you can see it's
• 5:14
  Speaker 1: a big increase in terms of the capacity. I think
• 5:19
  Speaker 1: that is again one of the big features. I think
• 5:21
  Speaker 1: that we'll continue to grow the Layer two ecosystem. Here's
• 5:23
  Speaker 1: Jesse Pollock coming in from base. He's talking about four
• 5:27
  Speaker 1: months later two times capacity. You love to see it,
• 5:30
  Speaker 1: and of course a little bit of action within the
• 5:33
  Speaker 1: l twos, and if you look on the explorer right here,
• 5:37
  Speaker 1: you can already see that they're actually going above the
• 5:41
  Speaker 1: max blob limit right now. So we're starting to see
• 5:45
  Speaker 1: some growth even early right now. So that just shows
• 5:48
  Speaker 1: you there was a lot of pent up demand for
• 5:50
  Speaker 1: what eth was able to do, and I think Metallic
• 5:52
  Speaker 1: understands that one thing to look at is throughput. So
• 5:56
  Speaker 1: this is where a lot of these L twos are
• 5:58
  Speaker 1: going to be coming online. Most of the are early
• 6:01
  Speaker 1: in twenties twenty five. If you guys remember inc Unit Chain,
• 6:04
  Speaker 1: Sonium World Chain Base of course last year, but we're
• 6:07
  Speaker 1: going to see more growth. So this is just a
• 6:09
  Speaker 1: matter of time where we see a whole slew of
• 6:13
  Speaker 1: chain starting to come in on Ethereum's ecosystem, and of
• 6:16
  Speaker 1: course that makes even more pressure on Vitallic and his team.
• 6:20
  Speaker 1: You look at what Viederen is talking about. He's shaking
• 6:22
  Speaker 1: things up with the proposal of Fusaka, which will.
• 6:25
  Speaker 2: Be the next upgrade.
• 6:27
  Speaker 1: Now many people have looked at this as being the
• 6:29
  Speaker 1: upgrade for twenty twenty six, but he's actually trying to
• 6:32
  Speaker 1: move much faster than that. I think he sees the
• 6:35
  Speaker 1: potential here of the Ethereum ecosystem exploding, and he knows
• 6:41
  Speaker 1: that there is going to even be more limitations as
• 6:43
  Speaker 1: we start to see more activity. Looks like we'll have
• 6:46
  Speaker 1: a Fusaka upgrade before GTA six if we see something
• 6:49
  Speaker 1: like that, where most likely I still think our theory
• 6:53
  Speaker 1: is that GTA six was delayed into early next year
• 6:57
  Speaker 1: because of what's happening in crypto right now, and they
• 7:00
  Speaker 1: want the ability to use blockchain, and if we get
• 7:03
  Speaker 1: into ether being in GTA six, a meta mask wallet,
• 7:09
  Speaker 1: those kind of things happening that could be unbelievable for
• 7:14
  Speaker 1: not only just transactions, but the growth of Ethereum as
• 7:17
  Speaker 1: an ecosystem. Because remember you still have a lot of
• 7:19
  Speaker 1: young investors that we'll start to understand that and how
• 7:23
  Speaker 1: it's being used and then figure out, oh, Ethereum, that's
• 7:26
  Speaker 1: what I can invest in because it's playing into games
• 7:29
  Speaker 1: much more. This kind of shows you quickly just what
• 7:31
  Speaker 1: Meta Masks was tweeting about. Only one wallet is safe
• 7:34
  Speaker 1: in Vice City, so we understand what that means. Guys,
• 7:37
  Speaker 1: This means we are going to see crypto. This is
• 7:40
  Speaker 1: something we've talked about before, we had Yatsuo talking about this.
• 7:43
  Speaker 1: We are going to see crypto in GTA six, which
• 7:45
  Speaker 1: means you're going to see crypto and blockchain utilized across
• 7:49
  Speaker 1: the entire ecosystem of gaming.
• 7:51
  Speaker 2: Let's talk about adoption cycles.
• 7:54
  Speaker 1: The last time we had a major upgrade, this is
• 7:57
  Speaker 1: kind of the framework of when we had that major
• 8:00
  Speaker 1: upgrade back into August of twenty twenty one, and then
• 8:02
  Speaker 1: all that adoption occurred quickly into the new layer. And
• 8:06
  Speaker 1: if you remember what happened with Ethereum during that period
• 8:10
  Speaker 1: of time, was we had a major run up during
• 8:12
  Speaker 1: that adoption cycle. And that could be the thing that
• 8:16
  Speaker 1: maybe is signaling right here on Petra. It'll start slowly
• 8:20
  Speaker 1: and then all at once, so be ready for those
• 8:22
  Speaker 1: kind of moves other things. This courses Hayden come over
• 8:25
  Speaker 1: from you know, swap and he's saying happy Petro day,
• 8:29
  Speaker 1: more blobs, more scatable L two's all of that good,
• 8:33
  Speaker 1: and then while it's going to be rolling out their
• 8:35
  Speaker 1: own that'll be another growth. I think uniewap watch these guys.
• 8:40
  Speaker 1: I mean, the price right now not reflective of what's
• 8:43
  Speaker 1: going on. If you're investing in UNISWAP not an investment advice,
• 8:46
  Speaker 1: but we're watching that particular token right now very very closely.
• 8:51
  Speaker 1: Other things that are happening. There's trust Wallet talking about it.
• 8:54
  Speaker 1: Point is is a lot of people are getting in
• 8:56
  Speaker 1: on this. They understand what this means. They understand what
• 8:59
  Speaker 1: this means for only adoption, use case functionality, growing the
• 9:04
  Speaker 1: network and institutional capital.
• 9:07
  Speaker 2: All of that is right in line with where we're
• 9:10
  Speaker 2: going to see a lot of growth here. Here's BIGGETT
• 9:12
  Speaker 2: they're talking about it.
• 9:13
  Speaker 1: The upgrade is here, most significant update, account abstraction, staking, upgrades,
• 9:18
  Speaker 1: L two scaling, all those things we're talking about here
• 9:21
  Speaker 1: a big deal.
• 9:22
  Speaker 2: For a lot of these major outlets.
• 9:24
  Speaker 1: There's OKX saying they're going to support it. So update
• 9:27
  Speaker 1: your EVM wallet now to interact with all these compatible adapts,
• 9:31
  Speaker 1: which is going to be cool because it's going to
• 9:32
  Speaker 1: be so much faster inside of not only Wallace but
• 9:36
  Speaker 1: DeFi to be able to make transactions much more fluid
• 9:39
  Speaker 1: and much easier to do.
• 9:42
  Speaker 2: One thing to watch.
• 9:43
  Speaker 1: Here is Polymarket might be in the throes of a
• 9:47
  Speaker 1: major change, and they even mention it here. Something may
• 9:50
  Speaker 1: or many happen today, So interesting timing timing up with
• 9:55
  Speaker 1: PECTRA upgrade.
• 9:56
  Speaker 2: Also the functionality to.
• 9:57
  Speaker 1: Make it easier for use which has been a p
• 10:00
  Speaker 1: problem with polymarket. There's a lot of hoops you got
• 10:02
  Speaker 1: to jump through. If you're not supercryptosavvy, it's not a
• 10:05
  Speaker 1: great place. But maybe that's going to be changing. So
• 10:06
  Speaker 1: if poly market makes a change, we could see some
• 10:09
  Speaker 1: pretty big movement. Here's eth inflow's accumulation. This is basically
• 10:13
  Speaker 1: whale action right now. Guys, look at where we are.
• 10:17
  Speaker 1: A lot of movement here, So is there some buying
• 10:21
  Speaker 1: up of ethereum right now?
• 10:22
  Speaker 2: Because remember we had a little bit of a move
• 10:24
  Speaker 2: on ethereum.
• 10:24
  Speaker 1: Let's just take a look if you look back here
• 10:27
  Speaker 1: on eight and we'll go to the ETH chart, that's
• 10:29
  Speaker 1: the Bitcoin chart. Remember Eth hit right around fourteen hundred,
• 10:34
  Speaker 1: this was back in April, and you look at this
• 10:37
  Speaker 1: nice little growth. We'll go from the wick to where
• 10:40
  Speaker 1: we are right now. That's still a thirty percent up.
• 10:43
  Speaker 1: So has that been the whale accumulation setting up for
• 10:48
  Speaker 1: an ETH run? Let me know on the comments if
• 10:50
  Speaker 1: you guys think that, what are you doing around your
• 10:52
  Speaker 1: strategy on ethereum right now? Love to get your feedback,
• 10:56
  Speaker 1: and of course, if you're not in the diamond circle,
• 10:58
  Speaker 1: get in right now. It's a great place to get
• 10:59
  Speaker 1: a content from us, and you can also join our
• 11:03
  Speaker 1: Telegram group. I leave a link down here below the video.
• 11:05
  Speaker 1: It's only one group, so we'll make sure and use
• 11:07
  Speaker 1: that link. Follow me on x at Paul Baron. We'll
• 11:09
  Speaker 1: catch you next time right here on Techpath