Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Tech
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Ethereum's 'Fusaka' Upgrade Cements N
Tech
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Ethereum's 'Fusaka' Upgrade Cements N
Ethereum's 'Fusaka' Upgrade Cements Network's Role as On-Chain Finance Settlement Layer: Bitwise
Ethereum's 'Fusaka' Upgrade Cements Network's Role as On-Chain Finance Settlement Layer: Bitwise
The upgrade will boost throughput, keep validators efficient and, most importantly, strengthen Ethereum's value capture by putting a floor under blob fees.
By Will Canny, AI Boost|Edited by Stephen Alpher
Updated Dec 3, 2025, 6:01 p.m. Published Dec 3, 2025, 5:23 p.m.
Ethereum’s Fusaka upgrade could be the market’s blind spot: Bitwise Asset Management. (Midjourney, modified by CoinDesk)
What to know:
- Bitwise said Fusaka strengthens Ethereum's value capture by setting a minimum reserve price for blob fees.
- It also lifts mainnet capacity and improves validator efficiency as rollups scale.
- Historically, upgrades don’t reliably move ETH’s price, but they reinforce the network's institutional edge, the report said.
Crypto Asset Management firm Bitwise said Ethereum’s Fusaka upgrade, expected to go live later Wednesday, is the kind of unflashy infrastructure change markets tend to overlook in real time, and then credit later for making the network feel sturdier and more investable.
The upgrade is constructive for Ethereum over time because it expands capacity, improves validator efficiency as rollups grow and, most importantly, strengthens the blockchain's ability to capture value from layer-2 activity, wrote analyst Max Shannon.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the The Protocol Newsletter today. See all newsletters
Sign me up
Fusaka also raises the layer-1 gas limit to 60 million per block, a move that should lift throughput and take some pressure off fees, roughly doubling capacity over a year, by Shannon’s estimate.
On the validator side, PeerDAS reduces the data burden needed to verify blobs, helping Ethereum scale without pushing node requirements out of reach, the report said.
Ethereum's Dencun upgrade, which went live in March last year, introduced blobs, which attach large data chunks to regular transactions, storing data offchain without congesting the mainnet, unlike call data which is stored permanently.
The biggest change, though, is economic, the analyst said. Fusaka introduces a minimum blob base fee (EIP-7918), addressing a post-Dencun quirk where fees can sink to near zero in quiet periods, dampening ETH burn and weakening the link between real usage and value accrual.
Under Fusaka, the blob fee gets a floor tied to execution fees, roughly the execution base fee divided by 16, creating a more consistent revenue and burn stream as stablecoins, decentralized finance (DeFi) and tokenization migrate to rollups, the analyst said.
Bitwise cautioned that upgrades don’t reliably spark lasting ether price pops, there’s often a mild sell-the-news pattern, but argued that Fusaka further cements Ethereum’s role as the settlement layer for on-chain, increasingly institutional, finance.
Read more: Ethereum Developers Prep for Fusaka, Second Upgrade of 2025
Ethereum NewsFusakaBitwise Asset Management
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
Protocol Research: GoPlus Security
Commissioned byGoPlus
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report
More For You
The Protocol: Ethereum Preps For Upcoming Fusaka Upgrade
Also: Anthropic On DeFi AI Agents, ETH Devs Push ZK Protocol, and Bitnomial
What to know:
This article is featured in the latest issue of The Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time. Sign up here to get it in your inbox every Wednesday.
Read full story
Latest Crypto News
Filecoin Gains 2% Alongside Crypto Rally
The Protocol: Ethereum Preps For Upcoming Fusaka Upgrade
Trump's CFTC, FDIC Picks Closer to Taking Over Agencies as They Advance in Senate
Bitcoin Futures Return to Deepest 'Backwardation' Since FTX Collapse Hinting Possible Bottom
Firelight Introduces XRP Staking for DeFi Insurance Layer Against Exploits
ETHZilla Buys 20% of AI Lending Platform Karus in $10M Deal to Tokenize Auto Loans
Top Stories
Crypto Rally Stumbles, Bitcoin Slips Back to $92K, on MicroSoft AI Sales Report
Trump's CFTC, FDIC Picks Closer to Taking Over Agencies as They Advance in Senate
Bitcoin Futures Return to Deepest 'Backwardation' Since FTX Collapse Hinting Possible Bottom
U.S. Debt Growth Will Drive Crypto's Gains, BlackRock Says in Report on AI
Strategy Faces Possible MSCI Index Removal, Threatening Billions in Outflows: Reuters
Kalshi’s Luana Lopes Lara Becomes Youngest Female Self-Made Billionaire
Market Opportunity
Solayer Price(LAYER)
$0.163
$0.163$0.163
USD
Solayer (LAYER) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Strive Finalizes Semler Deal, Expands Its Corporate Bitcoin Treasury
Strive had finalized its acquisition of Semler scientific after securing the approval of shareholders earlier in the week. The final deal brought both firms’ Bitcoin
Share
Tronweekly2026/01/17 12:30
Why 2026 Is The Year That Caribbean Mixology Will Finally Get Its Time In The Sun
The post Why 2026 Is The Year That Caribbean Mixology Will Finally Get Its Time In The Sun appeared on BitcoinEthereumNews.com. San Juan, Puerto Rico’s La Factoría
Share
BitcoinEthereumNews2026/01/17 12:24
EUR/CHF slides as Euro struggles post-inflation data
The post EUR/CHF slides as Euro struggles post-inflation data appeared on BitcoinEthereumNews.com. EUR/CHF weakens for a second straight session as the euro struggles to recover post-Eurozone inflation data. Eurozone core inflation steady at 2.3%, headline CPI eases to 2.0% in August. SNB maintains a flexible policy outlook ahead of its September 25 decision, with no immediate need for easing. The Euro (EUR) trades under pressure against the Swiss Franc (CHF) on Wednesday, with EUR/CHF extending losses for the second straight session as the common currency struggles to gain traction following Eurozone inflation data. At the time of writing, the cross is trading around 0.9320 during the American session. The latest inflation data from Eurostat showed that Eurozone price growth remained broadly stable in August, reinforcing the European Central Bank’s (ECB) cautious stance on monetary policy. The Core Harmonized Index of Consumer Prices (HICP), which excludes volatile items such as food and energy, rose 2.3% YoY, in line with both forecasts and the previous month’s reading. On a monthly basis, core inflation increased by 0.3%, unchanged from July, highlighting persistent underlying price pressures in the bloc. Meanwhile, headline inflation eased to 2.0% YoY in August, down from 2.1% in July and slightly below expectations. On a monthly basis, prices rose just 0.1%, missing forecasts for a 0.2% increase and decelerating from July’s 0.2% rise. The inflation release follows last week’s ECB policy decision, where the central bank kept all three key interest rates unchanged and signaled that policy is likely at its terminal level. While officials acknowledged progress in bringing inflation down, they reiterated a cautious, data-dependent approach going forward, emphasizing the need to maintain restrictive conditions for an extended period to ensure price stability. On the Swiss side, disinflation appears to be deepening. The Producer and Import Price Index dropped 0.6% in August, marking a sharp 1.8% annual decline. Broader inflation remains…
Share
BitcoinEthereumNews2025/09/18 03:08