Ethereum's Gas Limit Surges Beyond 30 Million Under PoS

Ethereum Boosts Gas Limit for the First Time Since PoS Transition

Ethereum has increased its gas limit beyond 30 million for the first time since transitioning to proof-of-stake (PoS), marking a significant milestone in the network's evolution. This move, supported by over 50% of validators, improves the network's transaction capacity without requiring a hard fork. The gas limit, which determines how many transactions can be processed per block, now sits at an average of 31.5 million gas units and is expected to increase further to 36 million.

This adjustment comes amidst extreme market volatility, with Ethereum facing a 17.8% drop in a single day. However, the cryptocurrency rebounded after former President Donald Trump paused tariffs, indicating that external economic events can significantly sway market behavior.

Ethereum's First Gas Adjustment Under PoS

This is the first time Ethereum has made a significant adjustment to the gas limit since 2021, when it doubled from 15 million to 30 million under proof-of-work (PoW). Now, under PoS, validators can make incremental adjustments without needing a major network upgrade. With validators signaling their support, the limit increased automatically, demonstrating Ethereum's ability to scale dynamically.

Alongside the recent Dencun upgrade and proto-dank sharding, this gas limit increase further enhances Ethereum's ability to handle growing demand. These developments could significantly boost the network's efficiency, making transactions faster and more cost-effective for users.

Vitalik Buterin's Take on the Upgrade

Ethereum co-founder Vitalik Buterin acknowledged the upgrade, noting that it contributes to layer-1 scalability. He praised ongoing efforts to improve network efficiency, mentioning upgrades like EIP-4444, statelessness, and client optimizations.

Ethereum Validators Approve Gas Limit Increase Amid Volatility Concerns and Future Network Upgrades

The Ethereum network has recently approved a significant increase in its gas limit, showcasing the community's ongoing efforts to improve transaction efficiency. This decision marks the first adjustment to the gas limit in nearly three years, indicating a pivotal moment in the network's evolution amidst fluctuating cryptocurrency markets.

Ethereum's Historic Gas Limit Increase