
28% Of Validators Signal Gas Limit Increase
Over 28% of validators now signal a block gas limit greater than 30 million.
28.8% of validators signal a gas limit increase.
Pyth introduces Pyth Lazer.
Web3.js is sunsetting in March.
Methods for optimal blockchain resource allocation.
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According to data shared by Ethereum researcher Toni Wahrstätter, over 28% of validators now signal a block gas limit greater than 30 million. Raising the block gas limit allows each block to contain more data, which improves transaction throughput. An increase of 10 million gas could reduce Layer 1 transaction fees by an estimated 15-33%. The adjustment does not require a hard fork; validators can simply raise the gas limit when proposing blocks by modifying their node configurations. When more than 50% signal for an increase, the block gas limit will automatically increase to the next agreed-upon level, which is currently targeted to be 36 million gas. Validator operators can learn more by visiting pumpthegas.org.
Pyth Network unveiled Pyth Lazer, an advanced ultra-low-latency oracle solution tailored for high-frequency trading, derivatives, and perpetual futures protocols. Pyth Lazer delivers 1-millisecond price updates, supports up to 20 price feeds per transaction, and operates with just 15,000 compute units for 100-byte proofs. It provides real-time insights into market depth, bid-ask spreads, and features customizable frequencies. Pyth Network powers DeFi applications with reliable offchain price feeds sourced from exchanges and market makers. Pyth Lazer is 400 times faster than the legacy Pyth Core oracle, setting a new benchmark for speed-sensitive DeFi protocols. Initial adopters of Pyth Lazer include Orderly Network, Drift Protocol, and Ethereal.
Web3.js, a TypeScript interface for Ethereum, will archive its libraries on March 4, 2025, as ChainSafe is transitioning away from maintaining the library. With the growth of alternative frameworks like Viem and Ethers.js, ChainSafe will shift its focus to new projects while offering support to developers migrating from Web3.js. As a framework, Web3.js enabled developers to build applications by providing tools for interacting with Ethereum smart contracts, accounts, and nodes. The transition will follow a structured migration plan, including comprehensive documentation, security updates, support via GitHub and Discord, and migration guides for Ethers.js and Viem. The process will conclude with transferring NPM access rights to the Ethereum Foundation.

Ethereum researcher Barnabé Monnot published an article examining alternative methods for metering and pricing resources such as computation storage, and data handling, focusing on the trade-offs between transaction-level and block-level metering and the role of mediated pricing. The post argues that block-level metering and mediated pricing can lead to better resource allocation and scalability.
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Soneium Goes Live On Mainnet
Users can now bridge to Soneium, mint NFTs, and swap on the network. Initial protocols on Soneium include Velodrome, Astar Network, Chainlink, and Circle.
Soneium goes live on mainnet.
Polygon launches Season 2 grants.
Ethereum Foundation leadership transitions.
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Soneium, an OP Stack Layer 2 chain developed by Sony Block Solutions Labs, is now live on mainnet. Soneium is designed as a general-purpose chain for applications across entertainment, gaming, and finance. The project aims to bring mainstream users into Web3 by integrating with Sony’s existing products and services. Users can now bridge to Soneium, mint NFTs, and swap on the network. Protocols live on the network include Velodrome, Astar Network, Chainlink, and Circle. As part of the Superchain, Soneium will contribute to the Superchain Collective, implement shared upgrades, and allocate a portion of sequencer revenue to retro funding.
Polygon is now accepting applications for Season 2 of the Polygon Community Grants Program (CGP). This season offers 35 million POL in grants, with 20 million POL allocated to a Direct Funding Track for general projects and 15 million POL dedicated to initiatives in AI agents, apps, infrastructure, DePIN, and memecoins. Grants will be distributed on a rolling basis by independent grant allocators. Participants will also gain access to tools, resources, dedicated support channels, networking opportunities, and marketing support. Applications are open from January 14 to April 15, 2025. The initiative is part of Polygon’s 1 billion POL grant program, which aims to grant 100 million POL per year over the next decade.

Hsiao-Wei Wang, Alex Stokes, and Barnabé Monnot have taken on new leadership roles at the Ethereum Foundation. Hsiao-Wei Wang has joined the Ethereum Foundation (EF) Leadership Team, while Barnabé Monnot and Alex Stokes have stepped into roles as co-leads of Ethereum Foundation Research (EFR). Previously, Hsiao-Wei Wang led the Consensus R&D team, Alex Stokes headed the Applied Research Group (ARG), and Barnabé Monnot served as the team lead for the Robust Incentives Group (RIG), all within the Ethereum Foundation. Ethereum Foundation Research (EFR) consists of five specialized teams, including Applied Research Group (ARG), Consensus R&D, Cryptography, Protocol Security, and Robust Incentives Group (RIG).
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Euler V2 Goes Live On Base
Euler V2 features governed and ungoverned vaults, leveraged positions, carry trade strategies, and single-click execution workflows.
Euler V2 goes live on Base.
Liquity V2 will launch in January.
Coinbase secures a writ of mandamus.
Ethereum X account is active again.
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Euler V2, the latest iteration of the lending protocol, is now live on Base, featuring ERC-4626-compatible governed and ungoverned vaults. Governed Vaults offer dynamic functionality, allowing DAOs, risk teams, or individuals to manage key parameters such as loan-to-value ratios, supply caps, and interest rate models in real-time. In contrast, Ungoverned Vaults are immutable, providing a fixed, stable configuration once deployed. Euler V2 supports leveraged positions, carry trade strategies and single-click execution workflows. The release follows the earlier pause of Euler V1 after a $200 million flash loan attack in 2022, from which the majority of funds were successfully recovered. Since its launch in September 2024, Euler V2 has achieved over $130 million TVL on Ethereum. Euler V2 on Base supports 11 initial assets and has already surpassed ~$5 million in TVL.
Decentralized borrowing protocol Liquity announced plans to launch its V2 release by the end of January 2025. Liquity V2 introduces user-set interest rates and multiple collateral support, including rETH and wstETH. It also introduces BOLD, its new yield-bearing stablecoin that will coexist alongside the existing LUSD stablecoin. Users will be able to stake BOLD for additional rewards. Liquity V2 also features Protocol Incentivized Liquidity (PIL), which allows LQTY stakers to direct subsidies from protocol interest revenue while still earning fees and rewards. Like Liquity V1, Liquity V2 will remain governance-minimized and immutable.
In a significant legal victory, the Third Circuit Court of Appeals granted Coinbase its petition for a writ of mandamus against the SEC, compelling the SEC to provide a more reasoned explanation for its denial of Coinbase's rulemaking petition. The court criticized the SEC’s handling of Coinbase’s rulemaking petition. Coinbase’s original petition, submitted in July 2022, sought much-needed regulatory clarity regarding the application of existing securities laws to the digital asset sector. Frustrated by the SEC’s prolonged inaction, Coinbase later sued the agency for failing to fulfill its legal duty to respond to rulemaking petitions within a reasonable timeframe. The court also expressed serious constitutional concerns about the SEC’s reliance on retroactive enforcement without first establishing clear guidance.

The official Ethereum X account made its first post in two years. The post comes as the Ethereum Foundation created its own dedicated X account, announcing that the general Ethereum account will now serve as an active platform for sharing updates from across the Ethereum ecosystem. Posts from the general Ethereum account will also be cross-posted on Lens, Farcaster, and Bluesky. Meanwhile, the Ethereum Foundation's separate account will focus exclusively on foundation-related updates, including news from EF teams, grants, and treasury activities.
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