According to @BullTheoryio, an Ethereum upgrade dubbed Fusaka is claimed to go live on Dec 3, lifting block gas capacity to 150M from 45M and adding PeerDAS and Verkle Trees to make Layer-2 transactions cheaper and verification lighter, which they say could raise ETH fee burn and demand. Source: @BullTheoryio. There is no official Ethereum Foundation or AllCoreDevs confirmation of a mainnet upgrade named Fusaka or a Dec 3 date in publicly documented materials through late 2024, and Verkle Trees did not have a finalized mainnet activation timeline in those sources. Sources: Ethereum Foundation blog; Ethereum AllCoreDevs updates. The claim that a prior upgrade called Pectra triggered a 50% weekly ETH rally conflicts with recorded upgrade history, where Shanghai/Capella occurred in April 2023 and Dencun in March 2024, with no mainnet Pectra executed in that period. Source: Ethereum Foundation blog release history. Trading takeaway: treat Dec 3 as an unverified catalyst; before positioning, confirm an official announcement plus client release notes with a mainnet fork block number across multiple clients such as Geth and Nethermind, and monitor ETH spot, funding, and options implied volatility for rumor-driven swings. Sources: Ethereum client teams’ release process documented by Geth and Nethermind; Ethereum Foundation blog; @BullTheoryio.

According to Vitalik Buterin, Ethereum's development is at a pivotal stage with the introduction of 'The Verge,' which focuses on improving the protocol's scalability and efficiency. This part of Ethereum's roadmap aims to enhance the network's capacity through advanced technologies like Verkle trees, which could significantly reduce the data storage requirements for nodes. Traders should consider the potential impacts of these developments on Ethereum's scalability and transaction speeds, as they could influence the network's adoption and ETH's market value.