- Ethereum’s upcoming Fusaka upgrade aims to slash layer-2 and validator costs with the new PeerDAS tech.
- ETH surges 50% in a month after the Pecta upgrade, with more gains expected if Fusaka launches smoothly.
- Ethereum’s market cap now tops $308 billion, overtaking Coca-Cola and Alibaba in global rankings.
Ethereum’s got a big upgrade on the way – it’s called “Fusaka,” and it could seriously shake things up. The main attraction? PeerDAS, a new tech that lets validators grab just chunks of data rather than entire blobs. The idea is to cut costs for layer-2s and validators, which could be a game-changer for institutions using Ethereum. “PeerDAS is super important since we want to help layer-2s scale,” said Parithosh Jayanti, a DevOps engineer at the Ethereum Foundation.
ETH Rally Fueled by Pecta – And Fusaka Could Push It Higher
Ethereum’s recent Pecta upgrade sparked a surge in Ether prices – 35% in a week, 50% over the past month. Not bad for a token that’s still miles away from its $4,000 high last December. With the Fusaka upgrade already under development, some analysts think ETH could keep climbing once it goes live. Could it hit that $4,000 mark again? Maybe – if the upgrade actually drops on time.
Ethereum Now Bigger Than Coca-Cola and Alibaba
Ethereum’s market cap has now topped $308 billion, making it the 39th-largest asset in the world, according to 8MarketCap. That’s ahead of Coca-Cola at $303.5 billion and Alibaba at $303.7 billion. But there’s a catch – Ethereum devs have a history of delaying upgrades. The Pecta upgrade was supposed to roll out at the end of 2024 but finally dropped this month. Fusaka is slated for late 2025, but with Ethereum’s track record, don’t be shocked if that timeline gets stretched.
