• Ethereum hits 45m block gas limit.

• The Ether Machine is introduced.

• Viem v2.33 supports Flashblocks.

• Ethereum Comments Protocol goes live.

• The Ethereum Torch ignites.

The Ethereum block gas limit hit 45 million gas early Monday morning at block number 22,968,004. The increase was triggered automatically after over 50% of validators signaled in favor of it. On Ethereum, the L1 block gas limit can rise without a hard fork when enough validators adjust their node configurations to propose blocks with higher limits. Increasing the gas limit enables each block to carry more data, thereby boosting transaction throughput. The increase is part of broader efforts to scale Ethereum’s L1 capacity toward a 60 million gas target. Two active proposals aim to push the increase. EIP-7935 seeks to raise the gas limit to 150 million by the Fusaka hard fork.  Meanwhile, EIP-9698 proposes a 100x exponential increase in the gas limit over the next four years.

The Ether Machine introduced its institutional platform for ETH treasury management, launching with over $1.5 billion in equity financing. Co-Founder and Chairman Andrew Keys personally committed 169,984 ETH to the fund. He positions Ethereum as the foundational infrastructure of the next-generation internet, enabling stablecoins, asset tokenization, and DeFi. The Ether Machine aims to provide transparent, secure, and direct access to ETH-denominated yield. It will actively manage a large ETH balance sheet using staking, restaking, and DeFi protocols. The company’s mission centers on three core objectives: generating yield through staking and DeFi strategies; supporting Ethereum-native projects via investments, research, and open-source contributions; and building institutional infrastructure solutions for validator management.

Wevm released Viem v2.33, the latest version of its TypeScript interface for Ethereum, introducing support for Flashblocks, a software that streams sub-blocks to nodes every 200 milliseconds. Flashblocks, a component of Flashbots’ Rollup Boost, offers rapid confirmation times and built-in revert protection. Viem serves as a modern alternative to frameworks like Ethers.js and web3.js, focusing on stability, developer experience, smaller bundle sizes, and high performance. Viem is widely used by developers to streamline complex Ethereum transaction workflows.

Ethereum Comments Protocol (ECP) introduced its protocol for posting onchain comments and threads directly on Ethereum Layer 2s, without requiring user profiles or a full social stack. The protocol is open-source, with no vendor lock-in, and enables users to comment on any onchain object by referencing a unique identifier. ECP is part of a modular Ethereum-native social stack, featuring SIWE for login, ENS for identity, Ethereum Follow Protocol for social graphs, and XMTP for messaging. ECP uses a hook-based architecture to allow developers to make onchain content programmable. ECP is now live on Base, with the first integration on Interface, a social feed for onchain activity.

The Ethereum Foundation has ignited The Ethereum Torch, an NFT that represents a ceremonial flame and is being passed from wallet to wallet among prominent members of the Ethereum community in the run‑up to its 10th anniversary on July 30, 2025. The initiative celebrates the individuals and values that define Ethereum, with each torchbearer holding the NFT for 24 hours. The torch's journey started with ConsenSys founder Joe Lubin and will culminate on July 30, 2025, when The Torch NFT will be burned. On that same day, users will have the opportunity to mint a separate commemorative NFT to mark Ethereum’s milestone birthday.

• 10yrs of ETH livestream

• SEC Chair says ETH is not a security

• GameSquare buys $30m ETH

• BTCS buys 22,935 more ETH

• Coinbase Futures go live in U.S.

• Joe Lubin on the Milk Road podcast

• Privacy on Ethereum #3

• ZK Brief Edition 52

• StablecoinX Inc raises $360m

• Sourcify reaches 7m verified contracts

Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.

• Fusaka audit contest announced.

• EIP-7907 is removed from Fusaka.

• GENIUS Act is signed into law.

• Bit Digital buys 19,683 more ETH.

The Ethereum Foundation, in partnership with blockchain security firm Sherlock, announced an audit competition for the upcoming Fusaka hard fork, Ethereum’s next upgrade expected to go live by year’s end. Fusaka currently includes around 13 EIPs, with the headliner proposal being Peer Data Availability Sampling. PeerDAS is a scalability enhancement that allows nodes to verify the availability of blob data without downloading the full data set, benefiting Layer 2 solutions significantly. The audit contest aims to ensure that the EIPs are implemented securely and function as intended.

During All Core Devs Execution Layer Call #216, Ethereum developers agreed to remove EIP-7907, a proposal to double the smart contract code size limit and add gas metering, from the upcoming Fusaka hard fork. The decision was made to help accelerate development for Fusaka. Developers are currently on track to release Devnet 3 by July 23rd. While EIP-7907 aimed to improve developer experience without compromising security, its complexity and edge cases led to its denial for inclusion. The proposal may be reconsidered in the Glamsterdam upgrade.

The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, a landmark bill creating the first comprehensive federal framework for stablecoins, was signed into law on July 18, 2025. The legislation passed the Senate on June 17 by a vote of 68–30 and was approved by the House of Representatives on July 17 with a 308–122 vote, signaling strong bipartisan support.  The GENIUS Act sets clear requirements for stablecoin issuers, including the maintenance of one-to-one reserves backed by U.S. dollars, short-term Treasury securities, or other liquid assets. It also mandates routine audits and subjects issuers to the anti-money laundering standards of the Bank Secrecy Act. Notably, the Act distinguishes payment stablecoins issued under the framework from securities, exempting them from SEC oversight.

Bit Digital, Inc. has acquired an additional 19,683 ETH, increasing its total Ethereum holdings to approximately 120,306 ETH. The purchase was financed through proceeds from a recent $67.3 million direct offering to institutional investors. The move follows Bit Digital’s recent shift in its corporate treasury strategy, transitioning its focus from Bitcoin to Ethereum. As part of its strategy, Bit Digital stakes its ETH holdings, generating yield while contributing to the security of the Ethereum network. Bit Digital now ranks 6th globally among corporate ETH treasuries, just behind Coinbase.

• ACDE #216 summary

• ACDE #216 highlights

• $602m ETH ETF daily inflows

• Tornado Cash witness story

• Tornado Cash conference call 

• Storm allowed to mention privacy

• Privacy Pools enables yield

• Euler introduces credit cards

• Built on Ethereum trailer

• Week in EF Protocol research

• Week in Ethreseaerch

• Nethermind SoK for preconf reference

• ETH Strategy STRAT overview

• Mini Apps must support EIP-5792

• Ethereum’s 1000 BD teams

• SharpLink buys 32k more ETH

• Charles Schwab to add ETH trading

Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.

• House passes the CLARITY and GENIUS Acts.

• BitMine unveils $1 billion ETH treasury.

• BlackRock’s files for ETH ETF staking approval.

• Obol releases institutional report on ETH.

The U.S. House of Representatives passed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, a landmark bill that establishes a comprehensive federal regulatory framework for stablecoin issuers. The GENIUS Act was already passed by the Senate in June with strong bipartisan support and now heads to President Trump for his signature, expected as soon as Friday, July 18. Separately, the House also passed the Digital Asset Market Structure (CLARITY) Act by a vote of 294–134. The CLARITY Act will now move to the U.S. Senate for a vote. The CLARITY Act seeks to define key terms and regulatory responsibilities between the SEC and the CFTC, and establish procedures for provisional registration, insider trading restrictions, and blockchain maturity. The bill identifies three blockchains likely to meet its maturity standards and outlines a pathway for DAOs to obtain legal recognition through state-based charters

BitMine Immersion Technologies, Inc. has surpassed SharpLink Gaming as the world’s largest corporate holder of ETH, with a strategic reserve exceeding 300,000 ETH, valued at over $1 billion. The milestone comes just days after SharpLink briefly overtook the Ethereum Foundation on the Strategic ETH Reserve leaderboard. A portion of BitMine’s holdings includes 60,000 ETH held through in-the-money options backed 1:1 by $200 million in cash, contributing to its billion-dollar valuation. According to Chairman Thomas Lee, BitMine’s long-term goal is to acquire and stake 5% of Ethereum’s total supply, which is approximately 6 million ETH.

Nasdaq filed Form 19b-4 with the SEC seeking to add staking to BlackRock’s iShares Ethereum Trust ETF. The filing seeks to remove a prior restriction that prevented the Trust from engaging in Ethereum staking. The iShares Ethereum Trust ETF currently holds over 2 million ether, which, if approved, could be staked via staking providers. Staking yield would be treated as income for the Trust. The Sponsor would manage staking under a custodial arrangement in line with regulatory guidance. The activation would improve returns for shareholders and contribute to the Ethereum network's security. The iShares Ethereum Trust ETF (ETHA) began trading in July 2024.

DVT staking infrastructure provider Obol released an institutional report on Ethereum, positioning ETH as a productive treasury asset. The report highlights ETH’s unique value propositions: native yield through staking, deflationary supply dynamics via EIP-1559, and broad utility across DeFi, real-world assets, and stablecoins. The report notes that institutions are increasingly prioritizing ETH staking as a low-risk yield strategy. Over 1.7 million ETH, worth approximately $6 billion, is now held in Strategic ETH Reserves. Obol identifies Ethereum’s adoption as a base settlement layer for global tokenized assets as ETH’s trillion-dollar catalyst. Obol plays a role in Ethereum staking by providing Distributed Validator Technology (DVT), which eliminates single points of failure and enhances security.

• Headliner picks from client teams

• Glamsterdam headliner community call

• The Glamsterdam equation

• Octant introduces v2 Vaults

• SharpLink plans to raise $5b

• 10yrs of Ethereum local events

• Succinct SP1-Contract-Call

• BitGo enables ETH staking

• Hamilton expands SCOPE to Ethereum

• Grove hits 1m posts on Lens

• Rainbow v2 coming soon

• Swagtimus joins Arbitrum

• Trump to open retirement market to crypto

Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.