• bitcoinBitcoin (BTC) $ 88,577.00
  • ethereumEthereum (ETH) $ 2,928.74
  • tetherTether (USDT) $ 0.998633
  • bnbBNB (BNB) $ 877.44
  • xrpXRP (XRP) $ 1.89
  • usd-coinUSDC (USDC) $ 0.999563
  • solanaWrapped SOL (SOL) $ 125.89
  • jusdJUSD (JUSD) $ 0.999053
  • tronTRON (TRX) $ 0.297619
  • staked-etherLido Staked Ether (STETH) $ 2,927.32
  • dogecoinDogecoin (DOGE) $ 0.121950
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.03
  • cardanoCardano (ADA) $ 0.352031
  • wrapped-stethWrapped stETH (WSTETH) $ 3,587.71
  • bitcoin-cashBitcoin Cash (BCH) $ 581.98
  • whitebitWhiteBIT Coin (WBT) $ 53.96
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 88,466.00
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,188.93
  • wrapped-eethWrapped eETH (WEETH) $ 3,181.31
  • usdsUSDS (USDS) $ 0.999516
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998328
  • moneroMonero (XMR) $ 466.81
  • chainlinkChainlink (LINK) $ 11.98
  • leo-tokenLEO Token (LEO) $ 8.99
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 88,579.00
  • stellarStellar (XLM) $ 0.208232
  • wethWETH (WETH) $ 2,928.24
  • ethena-usdeEthena USDe (USDE) $ 0.998858
  • zcashZcash (ZEC) $ 357.40
  • canton-networkCanton (CC) $ 0.155238
  • suiSui (SUI) $ 1.46
  • hyperliquidHyperliquid (HYPE) $ 22.54
  • litecoinLitecoin (LTC) $ 68.90
  • avalanche-2Avalanche (AVAX) $ 11.86
  • usd1-wlfiUSD1 (USD1) $ 0.999509
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.170857
  • shiba-inuShiba Inu (SHIB) $ 0.000008
  • hedera-hashgraphHedera (HBAR) $ 0.106187
  • usdt0USDT0 (USDT0) $ 0.998453
  • daiDai (DAI) $ 0.999627
  • susdssUSDS (SUSDS) $ 1.08
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.22
  • paypal-usdPayPal USD (PYUSD) $ 0.999515
  • the-open-networkToncoin (TON) $ 1.53
  • crypto-com-chainCronos (CRO) $ 0.090655
  • rainRain (RAIN) $ 0.009933
  • polkadotPolkadot (DOT) $ 1.89
  • uniswapUniswap (UNI) $ 4.82
  • mantleMantle (MNT) $ 0.884589
  • memecoreMemeCore (M) $ 1.63
  • tether-goldTether Gold (XAUT) $ 5,035.54
  • bitget-tokenBitget Token (BGB) $ 3.62
  • aaveAave (AAVE) $ 153.69
  • bittensorBittensor (TAO) $ 233.05
  • falcon-financeFalcon USD (USDF) $ 0.996120
  • okbOKB (OKB) $ 102.90
  • pepePepe (PEPE) $ 0.000005
  • pax-goldPAX Gold (PAXG) $ 5,058.90
  • nearNEAR Protocol (NEAR) $ 1.49
  • internet-computerInternet Computer (ICP) $ 3.37
  • jito-staked-solJito Staked SOL (JITOSOL) $ 158.17
  • ethereum-classicEthereum Classic (ETC) $ 11.42
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,927.95
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • htx-daoHTX DAO (HTX) $ 0.000002
  • ondo-financeOndo (ONDO) $ 0.335702
  • global-dollarGlobal Dollar (USDG) $ 0.999542
  • hashnote-usycCircle USYC (USYC) $ 1.11
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,110.62
  • skySky (SKY) $ 0.067462
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.57
  • aster-2Aster (ASTER) $ 0.624309
  • pump-funPump.fun (PUMP) $ 0.002562
  • pi-networkPi Network (PI) $ 0.178344
  • kucoin-sharesKuCoin (KCS) $ 10.74
  • ripple-usdRipple USD (RLUSD) $ 0.999669
  • binance-staked-solBinance Staked SOL (BNSOL) $ 137.79
  • ethenaEthena (ENA) $ 0.169605
  • bfusdBFUSD (BFUSD) $ 0.997698
  • wbnbWrapped BNB (WBNB) $ 877.67
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.15
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999558
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.121862
  • worldcoin-wldWorldcoin (WLD) $ 0.464671
  • riverRiver (RIVER) $ 63.46
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,385.34
  • hash-2Provenance Blockchain (HASH) $ 0.022224
  • myx-financeMYX Finance (MYX) $ 6.20
  • aptosAptos (APT) $ 1.54
  • gatechain-tokenGate (GT) $ 9.79
  • cosmosCosmos Hub (ATOM) $ 2.26
  • quant-networkQuant (QNT) $ 75.88
  • usddUSDD (USDD) $ 0.998512
  • kaspaKaspa (KAS) $ 0.040756
  • algorandAlgorand (ALGO) $ 0.115969
  • render-tokenRender (RENDER) $ 1.94
  • arbitrumArbitrum (ARB) $ 0.173569
  • midnight-3Midnight (NIGHT) $ 0.059065
  • ignition-fbtcFunction FBTC (FBTC) $ 88,670.00
  • official-trumpOfficial Trump (TRUMP) $ 4.87
  • filecoinFilecoin (FIL) $ 1.28
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 88,698.00
  • nexoNEXO (NEXO) $ 0.934940
  • flare-networksFlare (FLR) $ 0.010541
  • vechainVeChain (VET) $ 0.010190
  • bridged-usdc-polygon-pos-bridgePolygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999514
  • usdtbUSDtb (USDTB) $ 0.998832
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,174.86
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.97
  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.11
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,142.42
  • story-2Story (IP) $ 2.29
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 88,459.00
  • dashDash (DASH) $ 62.18
  • bonkBonk (BONK) $ 0.000009
  • wrappedm-by-m0WrappedM by M0 (WM) $ 0.999097
  • xdce-crowd-saleXDC Network (XDC) $ 0.039904
  • ousgOUSG (OUSG) $ 114.07
  • janus-henderson-anemoy-aaa-clo-fundJanus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.02
  • sei-networkSei (SEI) $ 0.106245
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 88,331.00
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,129.60
  • clbtcclBTC (CLBTC) $ 88,806.00
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,114.08
  • morphoMorpho (MORPHO) $ 1.19
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999467
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.90
  • usdaiUSDai (USDAI) $ 0.998968
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,928.77
  • jupiter-exchange-solanaJupiter (JUP) $ 0.197153
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 146.54
  • eutblSpiko EU T-Bills Money Market Fund (EUTBL) $ 1.24
  • beldexBeldex (BDX) $ 0.081407
  • tezosTezos (XTZ) $ 0.578108
  • binance-peg-xrpBinance-Peg XRP (XRP) $ 1.89
  • wrapped-flareWrapped Flare (WFLR) $ 0.010541
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.009671
  • usual-usdUsual USD (USD0) $ 0.996837
  • optimismOptimism (OP) $ 0.299237
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,928.25
  • chilizChiliz (CHZ) $ 0.052137
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.801274
  • curve-dao-tokenCurve DAO (CRV) $ 0.356858
  • tbtctBTC (TBTC) $ 88,605.00
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.226302
  • blockstackStacks (STX) $ 0.292419
  • c8ntinuumc8ntinuum (CTM) $ 0.118391
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 22.79
  • a7a5A7A5 (A7A5) $ 0.013040
  • janus-henderson-anemoy-treasury-fundJanus Henderson Anemoy Treasury Fund (JTRSY) $ 1.09
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997018
  • ghoGHO (GHO) $ 0.999384
  • true-usdTrueUSD (TUSD) $ 0.998495
  • fasttokenFasttoken (FTN) $ 1.09
  • gtethGTETH (GTETH) $ 2,928.60
  • doublezeroDoubleZero (2Z) $ 0.130788
  • injective-protocolInjective (INJ) $ 4.45
  • lido-daoLido DAO (LDO) $ 0.512841
  • msolMarinade Staked SOL (MSOL) $ 170.22
  • ether-fi-liquid-ethEther.Fi Liquid ETH (LIQUIDETH) $ 3,151.53
  • cap-usdCap USD (CUSD) $ 0.970114
  • lighterLighter (LIT) $ 1.70
  • steakhouse-usdc-morpho-vaultSteakhouse USDC Morpho Vault (STEAKUSDC) $ 1.12
  • kaiaKaia (KAIA) $ 0.072145
  • aerodrome-financeAerodrome Finance (AERO) $ 0.461404
  • ether-fiEther.fi (ETHFI) $ 0.601102
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,282.99
  • flokiFLOKI (FLOKI) $ 0.000042
  • newton-projectAB (AB) $ 0.004156
  • usdbUSDB (USDB) $ 1.00
  • sbtc-2sBTC (SBTC) $ 88,872.00
  • sun-tokenSun Token (SUN) $ 0.020953
  • stader-ethxStader ETHx (ETHX) $ 3,158.92
  • bittorrentBitTorrent (BTT) $ 0.00000041
  • justJUST (JST) $ 0.045192
  • celestiaCelestia (TIA) $ 0.449340
  • kinesis-silverKinesis Silver (KAG) $ 104.12
  • staked-aaveStaked Aave (STKAAVE) $ 153.06
  • kinesis-goldKinesis Gold (KAU) $ 160.76
  • the-graphThe Graph (GRT) $ 0.035915
  • layerzeroLayerZero (ZRO) $ 1.87
  • syrupMaple Finance (SYRUP) $ 0.329778
  • resolv-usrResolv USR (USR) $ 0.999851
  • resolv-wstusrResolv wstUSR (WSTUSR) $ 1.13
  • axie-infinityAxie Infinity (AXS) $ 2.14
  • gnosisGnosis (GNO) $ 137.73
  • starknetStarknet (STRK) $ 0.069994
  • the-sandboxThe Sandbox (SAND) $ 0.135900
  • iotaIOTA (IOTA) $ 0.085478
  • wrapped-apecoinWrapped ApeCoin (WAPE) $ 0.181265
  • euro-coinEURC (EURC) $ 1.18
  • conflux-tokenConflux (CFX) $ 0.069994
  • bitcoin-svBitcoin SV (BSV) $ 17.75
  • telcoinTelcoin (TEL) $ 0.003727
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.851106
  • stable-2​​Stable (STABLE) $ 0.019665
  • apenftAINFT (NFT) $ 0.00000036
  • spx6900SPX6900 (SPX) $ 0.376021
  • crvusdcrvUSD (CRVUSD) $ 0.997783

Ethereum’s New Proposal Could Propel TPS to 2,000: What You Need to Know About EIP-9698

0 248

Ethereum’s New Proposal Could Propel TPS to 2,000: What You Need to Know About EIP-9698

Ethereum (ETH) Foundation researcher Dankrad Feist has introduced a transformative proposal, Ethereum Improvement Proposal (EIP-9698), aimed at scaling the mainnet by exponentially increasing its gas limit.

The proposal suggests a 100-fold increase in the gas limit over four years. This would potentially elevate Ethereum’s transaction throughput to 2,000 transactions per second (TPS).

How Ethereum’s Gas Limit Expansion Could Unlock 2,000 TPS

For context, Ethereum’s gas limit currently stands at 36 million, according to YCharts data. This supports a modest 14-20 TPS, with a theoretical maximum of 119 TPS. In contrast, competitors like Solana (SOL) achieve 800 to over 1000 TPS. Moreover, theoretically, Solana can reach a maximum of 65,000 TPS.

Ethereum’s New Proposal Could Propel TPS to 2,000: What You Need to Know About EIP-9698

Solana Vs. Ethereum TPS. Source: Chainspect

EIP-9698 proposes raising the gas limit to 3.6 billion, enabling blocks to accommodate approximately 6,000 transactions. To achieve this, Feist introduces a “deterministic gas limit growth plan,” from epoch 369017 (around June 1).

This is a structured plan to gradually increase Ethereum’s gas limit predictably, based on client-side defaults.

“Ethereum clients will vote to increase the gas limit according to an exponential schedule unless explicitly configured otherwise by the user,” Feist noted.

The gas limit will increase at each beacon chain epoch, with a factor-of-10 increase occurring approximately every 164,250 epochs (around 2 years). This means the gas limit will grow significantly over time, giving the network more capacity. The increases will continue for 4 years.

This approach ensures a deterministic, manageable, and scalable way to adjust the network’s capacity as demand grows. In theory, if the gas limit increases 100 times, Ethereum’s TPS could increase to 2,000 transactions.

“The current gas limit mechanism relies on miner/operator voting, which lacks coordination and predictability. While flexible, this approach can lead to stagnation or overly cautious increases. By introducing a predictable exponential growth pattern as a client default, this EIP encourages a sustainable and transparent gas limit trajectory, aligned with expected advancements in hardware and protocol efficiency,” Feist wrote.

The researcher explained that the proposed change is non-consensus and fully backward compatible. This ensures that clients who do not implement the EIP will continue operating as previously.

The only difference will be a shift in the default behavior. Additionally, manual configuration options will still be available for users who wish to adjust settings. Regarding security, Feist highlighted that a rapid increase in the gas limit could strain less-optimized nodes and lead to slower block propagation.

“However, the exponential schedule with very gradual increments per epoch gives node operators and developers ample time to adapt and optimize,” he added.

If adopted, EIP-9698 could position Ethereum as a stronger competitor in the blockchain space, closing the throughput gap with rival networks. The proposal follows the Ethereum co-founder’s earlier ‘radical’ suggestion of replacing Ethereum’s EVM with RISC-V to address long-term scalability challenges.

Meanwhile, the Pectra upgrade will go live next week. This upgrade enhances Ethereum’s scalability by increasing blob throughput, reducing Layer 1 fees, improving validator flexibility, and optimizing data storage. These changes boost Layer 2 transaction efficiency, promote validator participation, and support broader network adoption and scaling.

Source

Leave A Reply

Your email address will not be published.