Just saw the news, my hands are shaking—Ethereum block Gas limit has jumped directly from 15 million to 60 million.
That's right, it's today, as announced by the core development team. A fourfold expansion, this is not just patching up, it's a real overhaul of the underlying system.
To be honest, how many people swore they would never touch on-chain interactions again when Gas fees soared to hundreds of dollars? Now it's better, the capacity has tripled, and the transaction volume that can fit in a block has skyrocketed. Confirmations are faster, congestion is less, and I have to say, can this user experience turn the tide?
More importantly, this upgrade has paved a highway for Fusaka's subsequent actions. Just think about this timing: on-chain address activity is rising, the NFT market is warming up, the transfer volume of stablecoins is also surging, and applications like RWA and on-chain national bonds, these "regular troops", are becoming more and more prevalent — if the network doesn't upgrade, it really can't hold on any longer.
Now that the performance bottleneck has been alleviated, the influx of funds and applications is basically a one-way valve.
Think about Layer 2, the cost was already decreasing, and now the experience is even better. DeFi protocols, blockchain games, social applications, these scenarios that consume interaction volume could potentially scale up exponentially. Ethereum's positioning as the "global settlement layer" is now firmly established.
Will those projects and funds that went to other chains due to performance issues in those years start to look back now? I think they will.
Looking back at history: London upgrade, Merge, every time core technology is overhauled, the price has not been idle. This time, both performance and scale have broken through; if the market remains indifferent, that would be strange. Some are calling for target levels of 8500 to 12000, and I think it's not impossible. If the altcoin season is ignited, that scene...
What do you think? What excites you the most about this upgrade?
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mev_me_maybe
· 12-01 04:09
Wow, the Gas fees are finally easing up, I was played people for suckers to the point of crying before.
View OriginalReply0
GmGmNoGn
· 11-30 16:04
Wow, four times the expansion, Ethereum has really picked up this time.
My hand has been cut by Gas fees, finally able to catch a breath.
Are other chains panicking now? Feels like there's going to be a return flow.
Wait, can this data support that RWA setup? Curious.
Is there still a way out for Layer 2? Feels like a dimensional attack.
The moment for hunters to return to their nest is coming, let's see if anyone can catch a falling knife.
This wave of Ethereum, is it piling up material or is it real substance?
What are we waiting for? The performance ceiling has loosened, capital should be entering the market.
Is this for real? How did the timing get so precise?
To be honest, I care more about whether it can truly land than about the price increase.
View OriginalReply0
0xSherlock
· 11-29 03:45
60 million? Is this for real, am I not dreaming?
Wait until Layer2 costs drop again, then that will be the real harvesting opportunity.
To be honest, I believe in this wave of capital inflow expectation, but whether the price can keep up is still up for debate.
That group who Rug Pulled to Solana must be anxious now, haha.
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SorryRugPulled
· 11-28 04:49
Wait, 60 million? Are you sure I didn't misread? Good thing I didn't sell my coins.
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Blockwatcher9000
· 11-28 04:48
Wow, is this for real? Fourfold expansion is so intense.
Now those projects that moved to other chains have to think twice.
Gas fees are really torturous; if this upgrade can stabilize things, it would be great.
Layer 2 experience will be smoother, DeFi is going to da moon.
Don't hype it too much; let's see the actual results first.
Based on historical experience, it indeed has potential, but don't blindly catch a falling knife.
Is Ethereum finally going to turn around? I'm a bit excited.
From 8500 to 12000, I wouldn't even dare to dream that big, haha.
The key is whether users can be retained; that's the real test.
The performance issue is resolved, but whether the application ecosystem can keep up is crucial.
View OriginalReply0
WhaleWatcher
· 11-28 04:45
Four times the capacity? Now those projects messing around on L2 must be worried.
Gas fees can finally take a breather, but will it just be another wave of Be Played for Suckers?
To be honest, compared to the performance itself, I'm more concerned about whether the Mainnet will be overwhelmed by this group of "regular troops" from RWA, which could lead to another bottleneck.
Ethereum is about to harvest another wave of funds that have run off to other chains; I’m so tired of this script.
But if it really takes off, that guy predicting 8500-12000 might be dreaming, just giving himself some psychological comfort?
Historically, every upgrade has led to a rise; is this time really different? I think this time we should mainly watch the overall crypto world sentiment.
Wow, if transaction fees can drop this much, those useless projects in chain games might also survive; just thinking about it makes me uncomfortable.
Let’s just wait and see if the Mainnet can really handle this wave of traffic; it feels like an arms race is about to start again.
View OriginalReply0
NFT_Therapy
· 11-28 04:44
Fourfold expansion, this time it really is different, Ethereum is about to turn the tide.
gas fees can finally breathe a sigh of relief, those projects that left before must be regretting it now.
Do you have confidence in this wave of rise? It feels like 8500 is a sure thing.
Once the performance bottleneck is loosened, funds flow in unidirectionally, this logic is now closed.
Layer 2 combined with this upgrade truly adds wings to the tiger.
Those who ran to Sol and AVAX before must be feeling quite uncomfortable looking at this, now Ethereum is stable.
I just want to know when the alt season will come, the NFT market is definitely going to da moon this time.
The confirmation speed has improved, congestion has decreased, ordinary users can finally experience the upgrade.
This time it’s really not just patching things up, it’s moved the underlying layer, the difference is huge.
View OriginalReply0
CommunityJanitor
· 11-28 04:36
60 million gas limit? This really is going to da moon
Wow, gas fees can finally take a breather, those who were complaining before must be laughing now
The cost of Layer 2 was already attractive, and now the main net experience has caught up, fund inflow is highly probable
Wait, are those projects that fled to other chains panicking now?
Once the performance bottleneck eases, it really is a one-way valve, DeFi and NFT need to buy the dip in a wave
History tells us that every time this happens, prices love to stir, it's not a dream to surge above 8500
View OriginalReply0
StakoorNeverSleeps
· 11-28 04:25
Wow, four times the capacity, those who went to Solana must reflect on this.
Just saw the news, my hands are shaking—Ethereum block Gas limit has jumped directly from 15 million to 60 million.
That's right, it's today, as announced by the core development team. A fourfold expansion, this is not just patching up, it's a real overhaul of the underlying system.
To be honest, how many people swore they would never touch on-chain interactions again when Gas fees soared to hundreds of dollars? Now it's better, the capacity has tripled, and the transaction volume that can fit in a block has skyrocketed. Confirmations are faster, congestion is less, and I have to say, can this user experience turn the tide?
More importantly, this upgrade has paved a highway for Fusaka's subsequent actions. Just think about this timing: on-chain address activity is rising, the NFT market is warming up, the transfer volume of stablecoins is also surging, and applications like RWA and on-chain national bonds, these "regular troops", are becoming more and more prevalent — if the network doesn't upgrade, it really can't hold on any longer.
Now that the performance bottleneck has been alleviated, the influx of funds and applications is basically a one-way valve.
Think about Layer 2, the cost was already decreasing, and now the experience is even better. DeFi protocols, blockchain games, social applications, these scenarios that consume interaction volume could potentially scale up exponentially. Ethereum's positioning as the "global settlement layer" is now firmly established.
Will those projects and funds that went to other chains due to performance issues in those years start to look back now? I think they will.
Looking back at history: London upgrade, Merge, every time core technology is overhauled, the price has not been idle. This time, both performance and scale have broken through; if the market remains indifferent, that would be strange. Some are calling for target levels of 8500 to 12000, and I think it's not impossible. If the altcoin season is ignited, that scene...
What do you think? What excites you the most about this upgrade?