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ETH USD Traders Brace For Fusaka Mainnet Launch Tomorrow: Will Ethereum Price Reclaim $3,000?
Yahoo Finance· 2025-12-02 23:04
Core Insights - Ethereum is set to activate its Fusaka upgrade on December 3, aimed at improving performance, security, and long-term stability of the network [1] - The upgrade includes the introduction of PeerDAS, which can increase data processing capacity by up to eight times without slowing down block creation [2][5] - Ethereum Improvement Proposal 7825 (EIP-7825) will cap transactions at approximately 16.8 million gas, ensuring no single transaction can occupy an entire block [3][4] Technical Enhancements - The Fusaka upgrade will be implemented in stages, with additional changes scheduled for December 9 and January 7 [3] - Node operators are preparing for a higher block gas target of 60 million, allowing the network to manage increased activity [5] - Wallet providers are adopting R1 curve cryptography and EIP-7951 to enhance security and improve passkey logins on mobile devices [4] Market Implications - The upgrade is expected to ease pressure on transaction fees and improve confirmation times, which could positively influence Ethereum's price outlook [2][5] - A crypto market analyst has expressed a bullish sentiment towards Ethereum, predicting a potential price rally following the Fusaka upgrade, extending into early 2026 [6]