Tell me latest news about ethreum

Here is some latest news about Ethereum: 1. **Increased Gas Limit**: Ethereum validators have increased the network's block gas limit to 45 million units, a 25% rise from the previous cap of 36 million. This adjustment allows each block to process more data and handle higher transaction volumes without requiring a hard fork. Validators are targeting a 60 million gas limit in the short term, with long-term goals reaching 150 million through the upcoming Fusaka upgrade. 2. **Price Surge and Market Position**: Ethereum has surged 4.35% to $3,704, trading above the $3,700 mark, which is a significant milestone. Despite being 24.29% off its all-time high, this surge reflects growing bullish sentiment and institutional investment, including ETF flows and DeFi demand. Ethereum's open interest in futures has reached an all-time high of $52 billion, indicating strong investor confidence. 3. **Legal and Regulatory Developments**: The GENIUS Act, signed by President Trump, eliminates yield-bearing stablecoins for U.S. institutions, creating an opportunity for Ethereum-based DeFi to capture passive income generation. This shift is expected to drive DeFi growth as traditional banks and institutions seek on-chain yield solutions. 4. **Institutional Interest**: ARK Invest has sold shares in Coinbase and Roblox but invested $174 million in Bitmine, Tom Lee's Ethereum treasury firm. This move, along with billionaire Peter Thiel's 9.1% stake acquisition, highlights increasing institutional interest in Ethereum and its treasury companies. In conclusion, Ethereum continues to experience significant advancements and growth, driven by technological enhancements, increasing institutional adoption, and favorable regulatory changes. These developments are likely to further solidify Ethereum's position as a leading cryptocurrency.