Ethereum Raises Gas Limit to 60M Ahead of Fusaka Upgrade — What It Means for the Network and ETH Price
Ethereum has officially increased its block gas limit as on-chain activity continues to rise, marking a major shift just days before the highly anticipated Fusaka upgrade. The change is set to boost network capacity, strengthen Layer-2 scaling, and support a growing ecosystem of decentralized applications.
Ethereum Increases Block Gas Limit to 60 Million
Ethereum validators have voted to raise the network’s block gas limit from 45 million to 60 million, triggering an automatic update under the protocol’s consensus rules. The move gives Ethereum more room to process transactions and smart-contract operations per block—essential for handling higher usage and improving efficiency.
This upgrade aligns with ongoing development efforts aimed at optimizing execution, data availability, and rollup support. With Fusaka approaching, the new gas limit is expected to ease congestion and prepare the chain for stronger Layer-2 throughput.
Analyst: Ethereum-Related Treasury Stocks May Be Forming a Bottom
Market analyst Ted Pillows suggests several Ethereum-linked treasury stocks could be stabilizing after extended downtrends. Companies including BitMine Immersion Technologies, SharpLink Gaming, Dynamix Corporation, and Bit Digital have shown steep declines followed by a modest rebound—often a sign that selling pressure is slowing.
BitMine’s recent dividend announcement may attract yield-seeking investors and help reinforce its price base. However, Pillows notes that the group still needs to confirm stronger bullish signals such as rising volumes, higher lows, and sustained upside momentum. Until then, these equities may remain in a recovery phase.
Key Ethereum Price Levels to Watch Around $3,000
According to analyst GalaxyTrading, Ethereum regains bullish momentum once it breaks above $3,350, a key resistance zone on the weekly chart. A breakout above $3,680 would signal a “very bullish” trend, potentially opening the door to higher targets.
On the downside, a drop below $2,800 would flip the short-term outlook bearish, raising the risk of a retest of previous lows or a new bottom formation. With ETH currently trading between these critical zones, traders are watching closely for a decisive move.
Bottom Line
Ethereum’s gas limit increase comes at a pivotal moment, improving scalability ahead of the Fusaka upgrade and offering potential tailwinds for network performance. While analysts see mixed signals across treasury stocks and ETH price levels, the coming weeks may determine whether Ethereum breaks higher or reenters a consolidation phase.
