Ethereum to Increase Gas Limit to 80 Million

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Ethereum is set to raise its gas limit to 80 million following the BPO hard fork on January 7, according to ChainCatcher. The current cap is 60 million. The change is expected to boost transaction throughput and lower fees. This could make Ethereum more attractive as a settlement layer in the crypto space. What is the impact of this move? Traders are watching closely.
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