Vitalik Endorses Ethereum Gas Cap as Wall Street Pours $4.3B into ETH – Bullish Storm Brewing!

Ethereum co-founder Vitalik Buterin just threw his weight behind the network’s gas cap rule—right as institutional money floods in. Wall Street’s $4.3 billion bet isn’t subtle; neither is the timing.

Gas Wars: Scaling Meets Demand

With fees still a pain point, Buterin’s backing signals confidence in Ethereum’s roadmap. Meanwhile, TradFi’s cash injection screams FOMO—because nothing motivates bankers like chasing the next hype cycle.

The Institutional Wave Hits Crypto

$4.3 billion. That’s not retail money. It’s hedge funds and asset managers finally realizing ETH isn’t just ‘tech debt’—it’s the backbone of DeFi. Cue the ironic applause.

Closing Thought: If Wall Street’s here, does that make Ethereum the new ‘too big to fail’? Or just too lucrative to ignore?

Why Ethereum wants to limit gas per transaction

Ethereum developers are warning us about single transactions that consume nearly the entire block’s Gas Limit.

The proposed fix, EIP-7983, introduces a cap of 16.77 million gas units per transaction – no matter how high the block’s total gas limit is. The idea is to make the network more stable and prevent denial-of-service (DoS) risks.

The proposal states,

“Any block having a transaction with gasLimit > 16.77 million is deemed invalid and rejected…”

Developers say most users won’t even feel the change, as

“most transactions today fall well below the proposed cap.”

Big money is betting on Ethereum

That being said, institutional and high-profile interest in Ethereum is hitting new highs.

BlackRock now holds a staggering $4.38 billion in ETH, commanding 42.8% of all institutional Ethereum holdings.

Source: X

According to World Liberty Fi, one $181.7 million whale allocated 95 percent of its assets to Ethereum, about $173.3 million.

Source: X

Five Ethereum treasury companies currently hold a combined 240,000 ETH, worth around $600 million.

Source: X

And more are lining up; Tom Lee’s BitMine plans to buy $250 million worth of ETH soon.

Leading the pack is SharpLink Gaming with 198,167 ETH in its treasury, followed by Bit Digital and BTCS Inc. with 27,623 and 14,600 ETH respectively.

The top three alone account for over 99% of all reported treasury holdings to date.

With more treasuries expected to join in over the next year, Ethereum’s appeal as a long-term asset looks stronger than ever.

If ETH bulls step in, there could be a breakout

ETH traded just above $2,560, showing modest gains but no explosive MOVE yet. The RSI was at 54.93 at press time, suggesting neutral momentum.

Source: TradingView

However, the MACD is a bit more interesting: the indicator just flipped bullish, with the MACD line crossing above the signal line. That, paired with a slight uptick in histogram bars, suggests growing upward momentum.

While ETH has been range-bound since mid-June, the current setup hints at a possible breakout if buying volume picks up.