A groundbreaking proposal from Ethereum researcher Dankrad Feist seeks to elevate the gas limit by an astounding 100 times over four years. The vision behind EIP-9698 aims to enhance Ethereum’s Layer 1 capabilities to manage up to 2,000 transactions per second. Such a significant upgrade is expected to improve transaction speeds and lower costs for users, aligning with anticipated advancements in hardware and protocols. This proposal could dramatically shift Ethereum’s scaling approach, which has typically favored Layer 2 solutions. Engaging with this initiative may foster greater participation in the Ethereum ecosystem. Market participants should observe the developments closely as they could reshape the landscape for Ethereum transactions. This ambitious plan highlights Ethereum’s commitment to continuous innovation and adaptation in the fast-evolving crypto space.