Vitalik Buterin Proposes 100x Ethereum Gas Limit Increase to Boost Scalability
Ethereum co-founder Vitalik Buterin has unveiled an ambitious plan to significantly increase the Layer 1 gas limit by 10 to 100 times, aiming to enhance the blockchain’s scalability. This proposal comes alongside his praise for Succinct Labs’ SP1 Hypercube demo, a zero-knowledge virtual machine that can verify over 90% of ethereum blocks in under 12 seconds. Buterin described the achievement as "truly amazing" but stressed the need for further development to realize Ethereum’s full potential.
Vitalik Buterin Reveals Plan to 100x Ethereum Gas Limit
Ethereum co-founder Vitalik Buterin has proposed a radical scaling solution for the blockchain, suggesting a 10 to 100x increase in the Layer 1 gas limit. The announcement came alongside praise for Succinct Labs’ SP1 Hypercube demo, a zero-knowledge virtual machine capable of verifying over 90% of Ethereum blocks in under 12 seconds.
Buterin described the achievement as "truly amazing" but emphasized the need for further development. The proposed gas limit increase could dramatically enhance Ethereum’s throughput without compromising its foundational principles of security and decentralization.
Ethereum Price Prediction: Bullish and Bearish Cases – Is ETH Still Showing Strength?
Ethereum has surged 60% in the past month, crossing $2,500 and sparking bold price predictions. Bulls anticipate $3,000 as the next target, while short sellers position for a pullback. The rally follows the Pectra upgrade and shifts at the Ethereum Foundation, with CoinShares reporting $205 million in institutional inflows last week.
On-chain data from Santiment reveals accumulating whale activity, suggesting strong conviction among large holders. Market sentiment remains divided, however, as traders weigh technical resistance levels against fundamental developments in Ethereum’s ecosystem.
Ethereum Price Could Hit $10,000 in 2025, Says Arthur Hayes
Ethereum staged a dramatic recovery in the second quarter, surging from $1,400 to over $2,700. The rally followed the successful Pectra upgrade, which reignited investor confidence in the network’s long-term viability.
Geopolitical tailwinds amplified the momentum. On May 8, the US and UK announced a landmark trade deal, creating a risk-on environment for digital assets. "Sentiment, not just technology, drove this move," noted Arthur Hayes in a recent interview. The BitMEX co-founder sees further upside, projecting ETH could reach $5,000 this year with potential for $10,000 by 2025.
Vitalik Buterin Proposes Radical Ethereum Scalability Enhancement Through Gas Limit Increase
Ethereum co-founder Vitalik Buterin has unveiled an ambitious proposal to dramatically expand the network’s capacity by increasing the gas limit by 10-100x. This bold scalability MOVE follows breakthrough performance from Succinct Labs’ zk-proof technology, which demonstrated the ability to verify 90% of Ethereum blocks in just 12 seconds.
The SP1 Hypercube demonstration marks a watershed moment for zero-knowledge proof implementations. Buterin himself acknowledged the achievement as "truly incredible," while maintaining cautious Optimism about its implications for Ethereum’s future. The proposed gas limit adjustment could fundamentally reshape transaction throughput and network economics.