Ethereum Introduces EIP-7983 to Enhance Network Stability Institutional Investors Accumulate $4.38 Billion in ETH

Ethereum’s development team has introduced EIP-7983, a proposal aimed at addressing a persistent vulnerability within the network. This proposal sets a hard cap of 16.77 million gas units for individual transactions, regardless of block size limits. The current network architecture allows single transactions to consume nearly entire blocks, leading to bottlenecks that slow processing speeds and create vulnerabilities for coordinated attacks on network stability. The implementation of EIP-7983 would automatically reject blocks containing transactions above the gas threshold, treating these blocks as invalid and preventing their addition to the permanent ledger.

Institutional investors have shown significant interest in Ethereum, with BlackRock accumulating $4.38 billion in Ethereum through its investment vehicles. This position represents nearly half of all tracked institutional exposure to the cryptocurrency. World Liberty Financial has also concentrated 95% of its $181.7 million portfolio in Ethereum tokens, amounting to $173.3 million. This demonstrates extreme confidence in the asset’s long-term prospects. Additionally, five major corporations have built substantial Ethereum reserves totaling 240,000 tokens, representing approximately $600 million in corporate treasury allocation. SharpLink Gaming commands the largest corporate position with 198,167 ETH tokens, while Bit Digital maintains 27,623 tokens and BTCS Inc. holds 14,600 ETH in reserve. Tom Lee’s BitMine has announced plans to acquire $250 million worth of ETH, potentially doubling current corporate exposure levels.

Technical indicators suggest a bullish outlook for Ethereum. The Moving Average Convergence Divergence (MACD) crossover at the $2,560 price level indicates a potential breakout if volume increases. Ethereum is currently trading at $2,608.96, reflecting a 2.89% increase over the past 24 hours and an 8.39% gain in the last 7 days. Its market capitalization stands at $314.89 billion, with daily trading volume exceeding $15.67 billion, confirming growing spot demand and rising momentum across centralized exchanges. Ethereum dominance in the crypto market is now 9.15%, second only to Bitcoin’s 63%.

Ethereum’s base gas fees remain extremely low, supporting the ongoing growth of Layer 2 activity and the continued expansion of DeFi, NFT minting, and modular rollup ecosystems. The implementation of EIP-7983 is expected to enhance network stability and prevent potential attacks, further solidifying Ethereum’s position as a leading blockchain platform. The sustained institutional buying behavior and the long-term repositioning toward ETH exposure through regulated instruments indicate a strong bullish sentiment among investors. The Ethereum ETF inflows are now on an 8-week positive streak, reflecting the growing institutional interest in the cryptocurrency.