Ethereum Validators Advocate for Gas Limit Increase to Enhance Network Capacity

In a significant development for the ethereum network, over 150,000 validators, representing nearly 15% of the network, are pushing for a substantial increase in the gas limit per block. The proposal aims to raise the limit from the current 36 million units to 60 million units, which could potentially double Layer 1 transaction throughput. This move is seen as a response to the growing demand for Ethereum’s blockchain services, but it has also sparked debates regarding network stability and the core trade-offs of the Ethereum ecosystem. Notably, this change does not require a hard fork, making it a feasible upgrade for the network. As of May 28, 2025, the price of ETH stands at 2664.21000000 USDT, reflecting the ongoing interest and activity in the Ethereum market. This proposal underscores the dynamic nature of blockchain technology and the continuous efforts to scale and improve network performance to meet user demands.

Ethereum Validators Push for Gas Limit Increase to Boost Transaction Capacity

More than 150,000 Ethereum validators, representing nearly 15% of the network, are advocating for a significant increase in the gas limit per block—from 36 million to 60 million units. This move, if implemented, could nearly double Layer 1 transaction throughput, addressing growing demand but sparking debates over network stability and Ethereum’s core trade-offs.

The proposal requires no hard fork, as validators can adjust the limit autonomously. Yet concerns persist about potential strain on node resources and the blockchain’s decentralized ethos. Ethereum’s trilemma—balancing scalability, security, and decentralization—looms large as the community weighs this technical inflection point.

Ethereum Shifts Focus from Retail to Institutional Use, Bitwise Reports

Ethereum’s blockchain is undergoing a significant transformation, pivoting from its roots in retail trading and speculative activity to becoming a cornerstone for institutional settlement. According to Bitwise Europe, stablecoin transactions now dominate on-chain activity, with over $127 billion in stablecoins circulating on the network. This shift underscores Ethereum’s growing role in institutional treasury flows and on-chain dollar settlements.

The analysis highlights Ethereum’s evolution from a ’retail toll road’ to a ’freight terminal’ for institutional-grade use cases. Infrastructure upgrades—such as blobspace, validator incentives, and governance improvements—have laid the groundwork for this transition. The challenge now lies in activating sustained demand from institutional players.

Meanwhile, retail-driven phenomena like DeFi and NFTs, which once defined Ethereum’s ecosystem, have largely migrated to layer-2 solutions. NFT activity, which peaked during the 2021–2022 cycle, has notably declined.

Ethereum Investors Face Critical Threshold as $123 Billion Hangs in Balance

Ethereum teeters on the edge of a precipice, with $123 billion in investor capital vulnerable to a minor price correction. The second-largest cryptocurrency has failed three attempts this month to sustain prices above $2,700, currently trading near $2,641.

Glassnode’s latest analysis reveals 38% of ETH’s market value sits just 0-20% above cost basis. This precarious positioning between profit and loss zones creates conditions for potential panic selling. Exchange inflows are already trending upward, signaling growing investor unease.

The market structure mirrors a coiled spring - recent gains appear fragile against the weight of underwater positions. As the smart contract platform’s native token battles resistance, the coming days may determine whether institutional confidence can override retail skittishness.

Ethereum Price Stalls Amid Whale Selling and Declining Social Activity

Ethereum’s upward momentum has faltered NEAR the $2,722 resistance level, with the cryptocurrency trading at $2,650 on May 28. Despite remaining 91% above its yearly low, on-chain data reveals concerning trends. Whales have offloaded 200,000 ETH ($530 million) since May 24, reducing their collective holdings to 103.52 million coins.

Social engagement metrics paint a similarly bearish picture. Ethereum’s social volume plummeted to 476 from this month’s peak of 3,060 discussions across major platforms. Historically, waning social media activity correlates with stagnant or declining prices in crypto markets.

Layer-2 networks are compounding Ethereum’s challenges. While Base recorded 1.93 million active addresses compared to Ethereum’s 415,000, revenue from L2 solutions shows alarming declines. Base’s monthly payments to Ethereum dropped 57% to $112,000, with Arbitrum One and Optimism seeing double-digit percentage decreases in their contributions.