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 the source, Ethereum is reportedly evaluating higher gas limits and a PeerDAS implementation on the Sepolia testnet as a pre-mainnet step. Source: ethereum.org/en/developers/docs/networks/#sepolia; eips.ethereum.org/EIPS/eip-7594 PeerDAS (EIP-7594) expands blob data availability for rollups, a design intended to lower L2 transaction costs and increase throughput for ecosystems such as Arbitrum, Optimism, and Base. Source: eips.ethereum.org/EIPS/eip-7594; ethereum.org/roadmap/danksharding; ethereum.org/developers/docs/rollups Any change to gas limits or protocol parameters is tested on public testnets and coordinated via AllCoreDevs before mainnet activation, so traders should await confirmations from the Ethereum Foundation and client teams (e.g., Geth, Nethermind) before positioning. Source: ethereum.org/developers/docs/blocks/#gas-limit; blog.ethereum.org; github.com/ethereum/pm; geth.ethereum.org; nethermind.io If officially confirmed and scheduled, added blob capacity and higher gas limits are designed to compress L2 fees and support higher on-chain throughput, consistent with the fee-reduction goals introduced by EIP-4844 for rollups. Source: eips.ethereum.org/EIPS/eip-4844; ethereum.org/roadmap/danksharding; ethereum.org/developers/docs/blocks/#gas-limit

According to Vitalik Buterin, nearly 50% of staked Ethereum (ETH) is voting to increase the Layer 1 gas limit to 45 million. Buterin highlighted that the gas limit has already started to rise, reaching 37.3 million. For traders, this potential increase in the gas limit could lead to lower transaction fees on the Ethereum mainnet, potentially boosting network activity and impacting the valuation of ETH and the competitive landscape for Layer 2 solutions.

According to Vitalik Buterin, the blob limit in Ethereum should be a staker voted parameter, similar to the gas limit. This would align with the proposal to implement the system of treating gas and blobs consistently, potentially affecting transaction processing and network scalability. Buterin suggests starting with two dimensions to test the harmonization process. This proposal could influence trading strategies by altering transaction costs and network efficiency, impacting Ethereum's market dynamics.