Ethereum’s Fusaka Upgrade Ignites Bullish Momentum: Technical Breakthrough Propels ETH Past $3,200
The successful activation of the Fusaka upgrade has injected significant technical Optimism into the Ethereum ecosystem, driving a notable price surge and highlighting the network's continued evolution towards greater scalability and efficiency.
Ethereum Surges 4.3% to $3,200 Following Fusaka Upgrade Activation
Ethereum's network upgrade Fusaka went live at block height 18,200,000, triggering immediate market response. The upgrade's PeerDAS system—a breakthrough in data availability—enables nodes to store fractional blob data while expanding throughput eightfold.
ETH price climbed steadily from $3,150 to $3,210 within hours of activation, settling at $3,200 with 4.3% daily gains. Trading volume spiked from $28.2B to $32B during the six-hour post-upgrade window, with Santiment data pointing to accumulation by wallets holding 1,000-10,000 ETH.
Vitalik Buterin hailed PeerDAS as the realization of Ethereum's sharding vision dating back to 2015. The technical milestone coincides with renewed institutional interest, as evidenced by derivatives market activity across Bybit, Binance, and Coinbase.
Ethereum's Fusaka Upgrade Goes Live, Enhancing Scalability and Speed
Ethereum's Fusaka upgrade has successfully activated on the mainnet, marking a significant leap in network performance and Layer-2 capacity. The upgrade, which went live at Epoch 411392, introduces PeerDAS (Peer Data Availability Sampling), enabling up to eight times higher throughput for rollups and near-instant transaction finality.
Market sentiment appears bullish as large ETH holders accumulate positions ahead of the upgrade. The implementation of preconfirmations reduces transaction times from minutes to milliseconds, while R1 curve improvements streamline user experience. This represents Ethereum's second major upgrade this year, laying groundwork for future scalability.
Network developers emphasize the long-term implications of Fusaka, particularly for rollup ecosystems. The ethereum Foundation notes the upgrade brings the network closer to seamless, institutional-grade performance - a critical milestone in its roadmap toward mass adoption.
Ethereum Rises as Sharks Accumulate Thousands of ETH
Ethereum surged 5% in the past 24 hours, reclaiming the $3,200 level amid a broader market recovery. Shark wallets—holding between 1,000 to 10,000 ETH—have aggressively accumulated 450,000 ETH, signaling heightened institutional interest.
The Fusaka upgrade, Ethereum's second major update this year, has bolstered network scalability and reduced transaction fees through PeerDAS technology. By processing smaller data segments instead of large blocks, the upgrade enhances efficiency and developer appeal, marking a pivotal step toward mass adoption.
Citadel's Push for DeFi Regulation Sparks Industry Backlash
Hayden Adams, founder of leading decentralized exchange Uniswap, has publicly criticized Citadel Securities' recent appeal to the SEC. The traditional finance giant argues DeFi protocols should face equivalent regulation to centralized intermediaries—a position Adams calls "hypocritical" given Citadel's market position.
The debate centers on tokenized equities, which Citadel warns could create an unregulated shadow market. DeFi proponents counter that applying legacy frameworks to decentralized systems would stifle innovation in protocols like Uniswap that enable permissionless trading.
Market participants are watching closely as this regulatory clash could determine whether DeFi develops as an open alternative or becomes forced into traditional finance's compliance mold. The outcome may significantly impact Ethereum-based projects and trading platforms handling tokenized assets.
