Ethereum Treads on Persistence as the London Upgrade Approaches

The price of Ethereum has jumped to a fortnight high as its London Upgrade later this month draws close. This upgrade will introduce the highly anticipated EIP-1559 aimed at reducing gas costs on the Ethereum network. The London upgrade will be deployed to the mainnet after its successful release to Ropsten, Goerli, and Rinkeby testnets. The Rinkeby testnet release is scheduled to come before the end of this week. After regaining the critically important $2,000 level, the Ethereum price has…