$ETH IS THIS A STRONG SIGNAL FOR L1 SCALABILITY WITHOUT HARD FORK?
Recent information shows that over 150,000 Ethereum validators have agreed to support increasing the gas limit from 36 million to 60 million. This is no small matter, as it opens up the possibility of increasing transaction capacity on Layer 1 without having to perform a complicated hard fork – which is time-consuming and can cause division in the community.
📌 Why is this news worth noting?
The gas limit is one of the bottlenecks that causes Ethereum transaction fees to skyrocket and cause network congestion when traffic is high. Raising it from 36M to 60M means that the network can handle more transactions in each block, reducing congestion and improving user experience. More importantly, this increase uses a validator consensus mechanism instead of a hard fork code change, showing the maturity and leanness of Ethereum's operations.
🎯 Scenario according to me:
• If validators continue to maintain this trend, Ethereum Layer 1's ability to scale processing capacity more flexibly will contribute to reducing the load on currently hotly developing Layer 2 solutions.
• However, it is necessary to observe the reaction of the market and validators in the coming time, because increasing gas too quickly can affect the stability and fees for operating nodes.
🧠 Strategy suggestions:
With this news, I see Ethereum as strengthening its Layer 1 position not by forking but by improving its internal consensus, which is a big plus, making it more attractive to long-term investors and agile traders.
You may consider increasing the proportion of $ETH in your portfolio, especially those who prefer trading on news and big moves. But don't forget to set a reasonable stop loss because any change in the network can lead to big moves.
In short, the move to raise the gas limit is a strategic move by Ethereum, demonstrating foresight and wise adaptation in an ever-changing crypto market.