In a recent video from YouTube-based crypto market commentary show Coin Bureau, host Guy Turner discusses the potential for an Ethereum (ETH) surge due to two significant forthcoming events. The information, presented to Coin Bureau’s 2.28 million subscribers, reveals the two catalysts that could potentially inflate ETH’s value.

First on Turner’s list is the anticipated implementation of the Ethereum Improvement Proposal 4844 (EIP-4844) upgrade, also known as the Proto-Danksharding upgrade. This particular improvement is set to increase Ethereum’s scalability to a degree similar to centralized computing systems. By solving the prevalent issue of data availability, which has been the main hurdle to Ethereum’s scalability, proto-danksharding is expected to impact the network profoundly. It will allow specific data ‘blobs’ to exist on the Ethereum blockchain. This will improve the availability of transaction data, which, in turn, should enhance Ethereum’s scalability and speed up transactions on its layer-2 networks while reducing fees.

Turner also mentions another significant development in Ethereum’s journey – the strong emphasis on privacy. Ethereum’s development community reportedly prioritizes privacy, which is apparent in several recent activities. Earlier this year, Ethereum’s creator, Vitalik Buterin, highlighted privacy as one of the biggest unresolved issues in the Ethereum ecosystem in a blog post, where he suggested stealth addresses as a possible solution.

In recent months, privacy concerns associated with ETH staking have brought the issue into sharp focus again. Vitalik Buterin, in another blog post, identified privacy as one of the critical transitions that Ethereum needs to accomplish to prevent failure.

Turner argues that this newfound emphasis on privacy is understandable, given that institutional investors, who have shown increased interest in ETH following the Shappella upgrade, value privacy above all. He believes that this focus on privacy, combined with the advancements in scalability offered by proto-danksharding, could set the stage for a bullish run for Ethereum.

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