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Ethereum Achieves Unprecedented Scalability with 3,453 TPS, Vitalik Buterin Hails Major Milestone

Ethereum Achieves Unprecedented Scalability with 3,453 TPS, Vitalik Buterin Hails Major Milestone

Published:
2025-11-10 20:23:08
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Ethereum's network has reached a historic milestone, achieving a record-breaking throughput of 3,453 transactions per second (TPS) on November 4, 2025. This marks a monumental leap from its usual baseline of 15-30 TPS, showcasing the network's significant progress in scalability. Vitalik Buterin, Ethereum's co-founder, celebrated this achievement with a succinct yet powerful social media post: "Ethereum levels up." The surge in performance is largely attributed to the adoption of Layer 2 solutions such as Arbitrum and Optimism, which have been instrumental in enhancing the network's capacity. Additionally, the upcoming integration of PeerDAS technology promises to further amplify Ethereum's scalability, positioning it as a formidable player in the blockchain space. This development not only underscores Ethereum's commitment to innovation but also reinforces its potential to support a wide range of decentralized applications and financial systems. As the cryptocurrency landscape continues to evolve, Ethereum's advancements in scalability and efficiency are likely to drive increased adoption and value, making it a key asset to watch in the coming years.

Ethereum Shatters Scalability Record with 3,453 TPS, Vitalik Buterin Celebrates Milestone

Ethereum's network achieved a historic throughput of 3,453 transactions per second on November 4, 2025—a seismic leap from its typical 15-30 TPS baseline. Vitalik Buterin hailed the breakthrough with a succinct social media proclamation: "Ethereum levels up."

Layer 2 solutions like Arbitrum and Optimism are driving this scalability surge, with PeerDAS technology poised to further amplify capacity. The milestone signals potential relief for chronic congestion, though sustained performance under stress remains the next frontier.

Ethereum’s Bearish Pennant Pattern Signals Potential Drop to $2,380

Ethereum's recent price decline has triggered over $484.5 million in long Leveraged position liquidations, exacerbating downward pressure. The ETH/USD pair now forms a bearish pennant pattern, suggesting a potential fall to $2,380 if support at $3,300 breaks.

While the upside remains viable above $2,800-$3,000, a decisive close below $3,000 could accelerate correction. The cryptocurrency has erased all 2025 gains, bottoming NEAR $3,050 before rebounding to $3,300—a move that liquidated half a billion dollars in long positions.

Derivatives traders' risk-off behavior fuels the sell-off, with CoinGlass reporting $1.7 billion in total crypto liquidations last 24 hours. The single largest liquidation occurred on Hyperliquid—a $26 million ETH/USD order.

Gemini Files with CFTC to Enter Prediction Markets, Potentially Boosting ETH Demand

Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has taken a decisive step toward entering the prediction markets arena. A recent filing with the U.S. Commodity Futures Trading Commission (CFTC) seeks approval to operate derivatives contracts for event-based wagering.

The MOVE signals Gemini's strategic pivot beyond spot trading following its 2025 public listing. Prediction markets, which allow users to speculate on outcomes ranging from elections to commodity prices, represent both a growth opportunity and regulatory challenge. The platform's established compliance framework positions it uniquely in this emerging sector.

Market analysts note the initiative could drive increased utility for Ethereum's native token. Many prediction market platforms operate on Ethereum's blockchain, creating potential demand pressure for ETH as these markets gain mainstream traction.

Ethereum (ETH) Price Prediction: Bullish Reversal Signals Potential 50–100% Rally

Ethereum's recent pullback to the $3,200 support level has sparked speculation of a significant upward move. Analysts point to historical patterns suggesting accumulation at this level, with technical indicators hinting at waning selling pressure.

Michaël van de Poppe observes, 'A little deeper than expected on ETH, but this is still the level that I think is wise to look for potential accumulations.' The Stochastic RSI's oversold condition and MACD's shrinking red bars reinforce the case for a potential reversal.

As of November 6, 2025, ETH trades near $3,413, with $3,200 acting as critical support. A sustained hold above this level could pave the way for a rally toward $4,000, representing a potential 50–100% gain from current levels.

Franklin Templeton Launches $410M Tokenized U.S. Money Fund in Hong Kong

Franklin Templeton, a global asset management giant, has officially launched a $410 million tokenized U.S. money market fund in Hong Kong. The fund, registered in Luxembourg in 2024, primarily invests in U.S. government securities and is now available to institutional and professional investors in the region.

The Hong Kong offering extends Franklin Templeton's earlier initiative, which debuted in 2021 as the first publicly registered U.S. money market fund operating on a public blockchain. As of November 2025, the fund has grown significantly in assets, cementing its position as a leader in blockchain-based financial solutions.

Built on the ethereum blockchain, the fund utilizes smart contracts for transparency and automation. Each share is represented as a "BENJI" token, managed through the Benji Investments mobile app. The platform supports near-instant liquidity management, reflecting the firm's commitment to innovation in Asia's dynamic market.

"This initiative demonstrates our continued commitment to delivering innovative investment solutions that meet the needs of modern investors in this vibrant market," said Franklin Templeton's Head of Asia-Pacific.

Ethereum November 2025 Projection: Steady Growth Amid Weakening Momentum Signals

Ethereum (ETH) is poised for a steady climb in November 2025, with projections indicating an average closing price of $3,749.51. Analysts anticipate a 11.70% surge by December 6, potentially pushing ETH to $3,803.89. The altcoin's market capitalization stands at $396.46 billion, reinforcing its position as the second-largest cryptocurrency.

Technical indicators present a mixed outlook. While Ichimoku and ADX signals suggest weakening momentum, rising network activity and bullish market sentiment hint at a possible breakout. Coincodex forecasts a 14.00% spike to $3,757.08 by November 11, with December's average projected at $4,163.31—a 56.40% increase from current levels.

Traders are eyeing ETH's trajectory closely, with many viewing the current dip as a buying opportunity. The altcoin's performance in Q4 2025 could cement its status as a cornerstone of crypto portfolios.

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