🚨UPDATE: @ETHEREUM'S FUSAKA UPGRADE SET TO GO LIVE TODAY ...

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]

Group 1: Bitcoin DeFi Engagement - Bitcoin holders show significant hesitance towards engaging with Bitcoin decentralized finance (BTCFi), with 77% having never tried a BTCFi platform according to a survey by GoMining [1] - Only 10% of respondents reported experimenting with BTCFi once or twice, while a mere 8% actively use BTCFi services for yield or lending [1] - Despite the low engagement, there is a strong interest in earning yield on BTC, with 73% of respondents expressing interest in lending or staking, and 42% wanting liquidity access without selling [1] Group 2: Ethereum Fusaka Upgrade - Ethereum's Fusaka upgrade has successfully passed its test run on the Holesky test network, moving closer to its mainnet launch [2] - The upgrade aims to reduce costs for institutions using Ethereum by introducing PeerDAS, which allows validators to check only part of the necessary data [2] - Holesky test network has shown signs of age and reliability issues, and Fusaka will be the last upgrade before the network shuts down two weeks post-launch [2]