The total locked value (TVL) on the Ethereum chain has reached a significant breakthrough, surpassing $95 billion for the first time since January 2022, and is now very close to the historical peak of approximately $108.7 billion set in November 2021.
Meanwhile, the technological evolution of the Ethereum ecosystem continues to advance: the Pectra upgrade optimizes account abstraction and staking mechanisms through EIP-7702, laying the foundation for Rollup scaling; the upcoming Fusaka will introduce PeerDAS data sharding technology to enhance data availability; Glamsterdam may bring innovations in consensus layers such as ePBS. In addition, zero-knowledge proof technology continues to make breakthroughs, from real-time proofs to hybrid architectures with MPC/TEE, continuously enhancing Ethereum's verifiable computing capabilities. The Ethereum Protocol Day conference has gathered global researchers and engineers to delve into the impact of protocol upgrades, cryptography, and ZK technology on the future development of Ethereum.