According to Crypto.News, Ethereum’s mainnet has raised its block gas limit to 60 million, the highest level in four years. Over 513,000 validators signaled support for the increase, triggering an automatic adjustment without a hard fork. The change is expected to improve transaction throughput and reduce congestion during high demand. The increase precedes the Fusaka upgrade, scheduled for December 3. The adjustment allows Ethereum to process more operations per block, including token swaps, NFT transfers, and smart contract calls. The move originated from the 'Pump The Gas' initiative by developers Eric Connor and Mariano Conti in March 2024, which aimed to enhance network scalability and reduce fees. Ethereum co-founder Vitalik Buterin suggested future capacity increases may be more targeted, combining larger blocks with refined pricing mechanisms to optimize network efficiency.
Ethereum Network Raises Gas Limit to 60 Million, Highest in 4 Years
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