Ethereum prepares for a remarkable upgrade. The introduction of EIP-9698 aims to significantly boost Ethereum’s transaction capabilities. This proposal plans to increase the gas limit by 100 times over the next four years, ultimately achieving a throughput of 2,000 transactions per second (TPS). This upgrade represents Ethereum’s strongest base-layer scaling effort since the London Hard Fork.

With Ethereum’s increasing popularity, this proposal could reshape its future, enhancing efficiency and user experience. Users and investors alike will watch closely as this initiative unfolds.

In summary, EIP-9698 could provide Ethereum with the speed and scalability it needs to compete effectively in the ever-evolving blockchain landscape. Stakeholders are eager for further developments as Ethereum aims to solidify its dominance in the crypto world.