Over 150K Ethereum validators have signalled support to raise the block gas limit from 36M to 60M, a major leap that would boost L1 transaction capacity without needing a hard fork.

It’s a significant move that could supercharge Ethereum’s throughput, reduce congestion, and lower fees, a big win for DeFi, NFTs, and L2s, especially if the proposal crosses the 50% validator threshold.

The market clearly loves the scalability narrative, but let’s be real, we also need to see $ETH reflect that optimism in price action, and that hasn’t been happening lately.

Scalability is bullish, no doubt. But we’re still waiting on that $ETH pump to follow through.