Ethereum Upgrade & Impact - Ethereum's Fusaka upgrade went live on December 3rd, featuring 8x blob capacity and a 60 million gas limit [1] - The upgrade is expected to reduce Layer 2 (L2) costs by 70-90% [1] - Despite the upgrade's success, ETH's price has decreased year-to-date (YTD) to $3,169, suggesting the market had already factored in the upgrade [1] Layer 2 Implications - Layer 2 solutions like Base, Arbitrum, and Optimism are poised to benefit from the reduced costs, potentially increasing their margins [1] - L2 tokens are expected to outperform ETH following the upgrade [1]

ethereum fusaka upgrade december 3rd delivers 8x blob capacity but eth down 7% today. arbitrum optimism polygon capture the real value here. l2 fees drop from $2 to under 10 cents permanently. eth burns less fees so l2 tokens outperform. arb op matic trade at 1/10th eth market cap but get 8x the benefit ...

Weekly Project Updates: Ethereum Fusaka Upgrade Set for Dec 3, MetaMask Token Expected Soon, Base Explores Token Issuance, Pump Fun Buys Back $100M PUMP, Aster Token ASTER Officially Launches, On-Chain RWA Value Nears $30B with Almost 400,000 Holders and More https://t.co/gaGuLLM16h ...