Ethereum’s Gas Limit Soars by 3x – The Surge You Can’t Ignore

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Key Takeaways

What’s next for the Fusaka upgrade?

The team, in their typical self-assurance, will monitor for any pesky bugs and dutifully ship Fusaka to the Sepolia and Hoodi testnets.

How did the ETH market react?

Ah, what a spectacle! ETH saw a sudden spike in speculative interest after Fusaka came crashing into the scene like a bull at a ballet.

Ethereum (ETH), ever the diligent student of speed, efficiency, and bandwidth, is preparing itself for the coming tokenization tidal wave and that lovely tale of internet capital markets. It’s almost poetic.

After the successful launch of the Pectra upgrade back in May (which, let’s face it, was practically a public holiday for ETH enthusiasts), Fusaka has been making its way onto the scene with a well-choreographed plan for December.

On the 1st of October, Ethereum’s team had the pleasure of announcing that the Fusaka upgrade had sailed through the Holesky testnet. One small step for Ethereum, one giant leap for blockchain-kind.

Fusaka upgrade – What’s next and why it matters?

Fusaka has one simple goal: scaling Ethereum’s speed and bandwidth while making sure things stay cheap. Why bother with expensive Layer 2 transactions when you can just let the upgrade do its thing, right?

For those of us less familiar with the technicalities, lighter nodes are now able to ‘sample’ data, instead of downloading the whole enchilada. A move that reduces storage needs (thankfully) and expands bandwidth. Who knew that simplicity could be so powerful?

With this, Layer 2 transactions are expected to soar with lower costs, of course. And to really make things spicy, Fusaka is jacking up the gas limits by more than 3x – from 45 million to a whopping 150 million! Yes, that’s the kind of math we can get behind.

Now, why the latest scaling effort, you ask? Well, Ethereum ranks a rather unimpressive 18th in terms of throughput and speed, according to Chainspect. That’s like being the 18th fastest in a race you thought you could win.

Meanwhile, Solana (SOL) is sitting pretty as the second-fastest chain with ultra-low latency, making it a prime contender for handling those pesky internet capital markets. Ethereum? Well, it’s trying to catch up, and Fusaka may just be the necessary evil for that.

The next milestone for Fusaka will be the Sepolia and Hoodi testnets, and if no gremlins pop up, we’ll see it hit the mainnet in December. Fingers crossed!

ETH rallies 5% after network upgrade

Ethereum saw a cheeky 5% rally after Fusaka was unleashed onto the world. But let’s not forget that much of this was thanks to Bitcoin‘s own miraculous surge to $119K. It’s always the quiet ones making the most noise.

If ETH can manage to clear the resistance trendline and push above the $4.5K mark, we may just see bulls rejoicing. Or perhaps throwing confetti. Either way, it’s a win.

In terms of speculative action, ETH held its ground. Its Open Interest (OI) surged by a solid 4%, leaving SOL trailing behind at 2% and BTC at 3%. Not too shabby, Ethereum. Not too shabby at all.

This surge in demand for ETH, particularly in the Futures market, could mean it’s ready for some serious outperformance. Hold onto your hats, folks, it’s going to be one heck of a ride.

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2025-10-03 05:16