Ethereum just raised its block gas limit as the network handles more activity than earlier this year. This shift lands right before the Fusaka upgrade, a change designed to grow capacity and improve how Ethereum scales. Ethereum Raises Block Gas Limit to 60 M Before Fusaka upgrade Ethereum has increased its block gas limit from 45 million to 60 million gas units. The decision followed a vote by validators. More than half signaled approval, triggering an automatic update under the network’s consensus rules. This change ensures Ethereum can accommodate more transactions and smart-contract operations per block. The increase reflects a coordinated effort by developers and node-client teams over the past year. The boost arrives days before the Fusaka upgrade, which introduces further improvements to data availability, block efficiency, and Layer-2 support. The new 60 M limit aims to help the network handle higher traffic and better support decentralized applications and rollups. Analyst Sees Possible Bottom in Ethereum Treasury Stocks Meanwhile, Ethereum-focused treasury companies may have found a local price floor, according to analyst Ted Pillows. Charts for BitMine Immersion Technologies, SharpLink Gaming, Dynamix Corporation, and Bit Digital show steep declines over recent months, followed by a short bounce from recent lows. The move suggests sellers may be losing momentum as dip buyers test support. Ethereum Treasury Stocks Performance. Source: TedPillows BitMine Immersion Technologies also announced a dividend, which could draw fresh inflows from investors seeking yield. A cash return can signal confidence from management and sometimes stabilizes price after a long slide. However, other names in the group have not yet confirmed a similar shift in sentiment. Ted Pillows said these stocks still need to show stronger price action before they can support a powerful rally in Ethereum itself. He pointed to the need for sustained upside, higher lows, and healthier trading volumes rather than a single bounce. Until that happens, Ethereum treasury equities may remain in a rebuilding phase, even if the worst of the selling pressure has passed. Analyst Maps Key Ethereum Price Levels Around $3,000 GalaxyTrading says Ethereum turns bullish again if price climbs above 3,350 dollars. A move over 3,680 dollars would mark a “very bullish” phase as it clears the recent resistance band on the weekly chart. The analyst’s chart shows several horizontal levels stacked above spot price, outlining potential upside targets if buyers regain control. Ethereum Key Price Levels Chart. Source: GalaxyTrading At the same time, the post warns that a drop below 2,800 dollars flips the outlook to bearish. In that case, Ethereum would likely retest its prior double bottom support or even print new lows. The weekly candles currently hover between these zones, so traders are watching whether ETH resolves the range to the upside or slips back toward the lower band.
