Fusaka

A bug in the Prysm Ethereum client after the Fusaka upgrade caused 25% of validators to go offline, risking network finality. The issue was quickly mitigated.

Ethereum has successfully deployed the long-awaited Fusaka upgrade, a major network enhancement focused on scaling and efficiency. The price of ETH responded immediately, climbing over 4% as the upgrade went live.

Ethereum is up nearly 9% as the market reacts to the upcoming Fusaka upgrade. Analysts are divided, with some pointing to a critical support level at $2,800, while others warn of high leverage and potential volatility.

The crypto market is back in the green, with Ethereum rallying ahead of its major Fusaka upgrade and Sui leading the top 100 gains after a significant price surge.

Ethereum is rolling out its ‘Fusaka’ hard fork on December 3, aiming to boost scalability and lower transaction fees. Analysts are bullish on the update’s potential impact on ETH’s price, citing historical gains from past upgrades.

Ethereum has increased its network’s gas limit by a third ahead of the major Fusaka upgrade. The change, requested by the community and approved by validators, aims to boost the base layer’s transaction throughput, a move supported by founder Vitalik Buterin as part of a broader scalability strategy.