Ethereum’s execution capacity reached a significant milestone, hitting 60 million with the block gas limit on the mainnet, the highest level in the last four years. This advancement, noted by data tracker Gas Limit Pics, was achieved thanks to over 513,000 validators signaling the new limit, allowing the protocol to automatically begin increasing the effective block size. Eric Connor and Mariano Conti, Ethereum developers, led the “Pump The Gas” initiative to drive this improvement and reduce transaction fees on the Layer 1 blockchain.
An Ethereum 60M gas limit means the network can include more transactions, such as swaps, token transfers, and smart contract calls, in each block. In practice, this can ease congestion during busy periods and allow the network to process a larger volume on its base layer, improving overall scalability. This increase comes just before the next major network upgrade, called Fusaka, which will be implemented on the mainnet on December 3, after passing through the Hoodi testnet.
Ethereum leaders, including co-founder Vitalik Buterin and researcher Toni WahrstƤtter, state that this increase is just the beginning of a broader expansion of the network’s execution capacity. WahrstƤtter highlighted that this is a “2x increase in a single year,” with expectations of continued growth, albeit in a more specific and less uniform way. Buterin envisions a future with larger blocks and smarter pricing to ensure the network can expand safely without introducing new problems, preparing the ground for constant evolution beyond the Ethereum gas limit.
Source: https://gaslimit.pics/
Disclaimer: Crypto Economy Flash News are prepared from official and public sources verified by our editorial team. Their purpose is to quickly inform about relevant facts in the crypto and blockchain ecosystem.
This information does not constitute financial advice or investment recommendations. We recommend always verifying the official channels of each project before making related decisions.