Are we finally ready for a gas limit increase?
There has been growing discussion around the possibility of increasing Ethereum’s gas throughput, either by raising the gas limit or reducing slot time. The key argument in favor of this is that the hardware requirements for running a validator have steadily decreased over the past four years.
Ethereum network gas fee falls back below 7 gwei
Golden Finance reported that according to EtherScan data, the current Ethereum network gas fee has dropped below 7 gwei.
Cointime August 17th News Express
1.VanEck and 21Shares Solana ETF Form 19b-4 Suspected to be Removed from CBOE Website
Ethereum network gas fee falls back below 1 gwei
According to Etherscan data, the current Ethereum network gas fee has fallen below 1 gwei, currently at 0.937 gwei.
The current Ethereum network gas fee is 2 Gwei
According to Etherscan data, the current Ethereum network gas fee is 2 Gwei.
Cointime August 10th News Express
1. The U.S. Internal Revenue Service has released a new draft of the crypto tax form, which no longer requires filling in wallet addresses and transaction IDs
Ethereum ACDC #139: Pectra's Devnet 2 upgrade is under debugging, and the release date of Devnet 3 is still to be determined
Christine Kim, Vice President of Galaxy Research, summarized the main content of the 139th ACDC conference call. The debugging of Pectra's upgraded Devnet 2 is currently underway, and the release date of Devnet 3 is yet to be determined. Developers will hold weekly testing update meetings starting from Monday to better coordinate the release of Pectra's Devnet. The decision to include EIP-7688 in Pectra's upgrade has been postponed again.
Ethereum network gas fee drops to 1 gwei
According to Etherscan data, the current gas fee on the Ethereum network has dropped to 1 gwei.
DApp activity on the Ethereum chain has increased by 55% in the past 7 days, and TVL has reached its highest point since November 2022
According to DappRadar data, DApp activity on the Ethereum network increased by 55% in the past seven days. The surge in activity on the Ethereum network was mainly driven by Uniswap, followed by 1inch Network and CoW Swap. Other notable contributors include Curve, Instadapp, and Morpho Optimizers.
$198 million in liquidation across the entire network in the past 24 hours
According to Coinglass data, the total liquidation across the entire network in the past 24 hours was $198 million, with long positions liquidated at $161 million and short positions liquidated at $36.83 million. Among them, Bitcoin liquidated at $57.1 million and Ethereum liquidated at $46.25 million.
