A coalition of major validators, controlling more than 14% of Ethereum’s stake, has joined forces on a new testnet project. This initiative focuses on developing a data propagation system that promises to deliver speed improvements of up to 10 times. The collaboration aims to tackle the network’s overlooked bottleneck issues and enhance overall efficiency. By leveraging their stake, these validators are positioning Ethereum for smoother and faster transactions. The coming developments are set to play a crucial role in Ethereum’s evolution as it addresses scalability challenges and increases its competitiveness in the crypto market.