Ethereum Nears Fusaka Upgrade with Final Testnet Phase, Targets December 3 Mainnet Launch
Ethereum has reached a critical milestone as it enters the final testnet phase for its highly anticipated Fusaka upgrade, paving the way for a December 3, 2025, mainnet deployment. The upgrade introduces a groundbreaking per-transaction gas cap of 16.78 million units, a substantial reduction from the previous block limit of 45 million gas. This strategic change is designed to optimize block efficiency, mitigate potential denial-of-service risks, and lay the foundation for future parallel execution capabilities. By implementing this cap, Ethereum aims to prevent single transactions from monopolizing block space, ensuring a more equitable and efficient network. The Fusaka upgrade represents a significant step forward in Ethereum's ongoing evolution, with implications for scalability, security, and long-term growth potential in the cryptocurrency ecosystem.
Ethereum Enters Final Testnet Phase Ahead Of Fusaka Upgrade
Ethereum has entered the final testnet phase for its Fusaka upgrade, setting the stage for a December 3 mainnet rollout. The upgrade introduces a per-transaction gas cap of 16.78 million units, a significant reduction from the previous block limit of 45 million gas. This change aims to enhance block efficiency, mitigate denial-of-service risks, and lay groundwork for future parallel execution capabilities.
The cap prevents single transactions from monopolizing an entire block's resources, a vulnerability that previously exposed the network to DoS attacks. Testnet implementations on Hokesky and Sepolia have already activated the new gas limit structure. "This adjustment ensures equitable resource distribution while maintaining network performance," noted the ethereum Foundation in a technical update.
BullZilla Crypto Emerges as High-Growth Contender with Unique Story-Driven Mechanics
Ethereum and Monero have long dominated the crypto market, but BullZilla ($BZIL) is carving a niche with its innovative approach. The token combines narrative-driven tokenomics, automated valuation adjustments, and high-yield staking to attract investors seeking asymmetric upside.
At its Core lies the 'Lore Bible,' a 24-chapter on-chain story that triggers permanent token burns with each chapter completion. This scarcity mechanism is paired with the 'Mythos Play' system—a dynamic pricing algorithm that adjusts value every $100,000 raised or 48 hours. Early adopters benefit from a 70% APY staking program through the HODL Furnace initiative.
Market traction appears robust, with over 31 billion tokens distributed across 3,100 holders. While still nascent, the project's fusion of gamification and deflationary economics presents a novel case study in community-driven value creation.
Ethereum Targets $14,000 as Institutional Inflows Signal Bullish Momentum
Ethereum (ETH) is drawing comparisons to its historic 45x rally as analysts project a potential surge to $14,000. Institutional demand appears to be the driving force, with ETH ETFs recording $141.7 million in fresh inflows—a clear vote of confidence from Wall Street giants like BlackRock and Fidelity.
The second-largest cryptocurrency by market cap shows resilience despite recent volatility. While ETH dipped 7.51% over the past week, its 24-hour trading volume spiked 33.94% to $48.79 billion. Current price action at $3,846.79 suggests consolidation before the next potential leg up.
Market observers highlight the significance of ETF inflows as a structural shift. "This isn't retail speculation—it's institutional adoption," noted analyst Ted. The $101 million combined investment from BlackRock and Fidelity alone underscores Ethereum's growing role as a CORE holding in digital asset portfolios.
Sharplink Expands Ethereum Treasury to $3.5B in Strategic Accumulation Move
Sharplink, a crypto-focused investment firm, has bolstered its Ethereum holdings to 859,853 ETH ($3.5 billion) with a fresh acquisition of 19,271 tokens at $3,892 per unit. The purchase aligns with the company’s disciplined treasury strategy, which has generated 5,671 ETH in staking rewards since its June 2025 launch.
The move follows a $76.5 million equity raise priced at a 12% market premium, signaling strong institutional confidence in Sharplink’s ETH-centric approach. With $36.4 million in cash reserves and zero debt, the firm exemplifies rare balance between crypto concentration and liquidity management among public companies.
Bunni DEX Shuts Down After $8.4M Exploit, Marking Another Blow to DeFi
Bunni DEX, a decentralized exchange known for its liquidity innovations, has ceased operations following a devastating $8.4 million exploit in September. The attack targeted Ethereum and Unichain smart contracts, exploiting vulnerabilities in the platform's Liquidity Distribution Function.
Despite efforts to recover the stolen funds—including a 10% bounty offer—the project's team confirmed on October 23 that a relaunch was financially unviable. Users retain withdrawal access, with a treasury distribution plan underway. Bunni's open-source smart contracts, released under the MIT license, remain its legacy in the Uniswap V4 ecosystem.
Ethereum Foundation Migrates $610 Million in ETH to New Multisignature Wallet
The Ethereum Foundation has executed a strategic treasury migration, transferring 160,000 ETH (approximately $610 million) to a newly established SAFE Foundation multisignature wallet. This deliberate shift from a legacy custom multisig system follows months of testing with DeFi protocols including AAVE and Cowswap.
Despite being characterized as routine infrastructure upgrading, the transaction's scale—representing a significant portion of the foundation's reserves—has ignited market speculation. The MOVE coincides with the organization's June disclosure of a phased spending plan, allocating 15% of annual treasury funds to growth initiatives before tapering to 5%.