Ethereum validators reach 10% support for gas limit increase

Ethereum (CRYPTO:ETH) validators are now signaling a significant shift toward increasing the network’s gas limit, with 10% of validators supporting a gas limit greater than 30 million.

This marks a major increase from just over 1% support before December, as the Ethereum community has rallied to raise the gas limit to 36 million.

The initiative aims to allow more gas to be spent per transaction, potentially reducing the overall transaction fees on the Ethereum network.

Core Ethereum developer Eric Connor, along with former MakerDAO head of smart contracts Mariano Conti, launched the “Pump The Gas” initiative earlier this year.

They argued that raising the gas limit to 40 million could reduce layer-1 transaction fees by 15% to 33%.

Connor has urged solo stakers, client teams, pools, and other community members to back this proposal.

The proposal has gained traction, and Ethereum researcher Justin Drake even configured his validator for a 36 million gas limit, describing a 20% increase as a safe way to improve network performance.

Furthermore, some developers have noted the benefits of a higher gas limit.

Emmanuel Awosika, creative director at 2077 Collective, emphasised that a higher gas limit could allow for the deployment of high-demand applications.

He explained that under the current limit, gas prices spike when such applications gain popularity, leading to a poor user experience.

However, not all members of the community are on board with the proposed increase.

Ethereum Foundation's Toni Wahrstätter warned that raising the gas limit too quickly could compromise the network’s stability and security.

The “Pump The Gas” site also acknowledged these risks, noting that a gradual increase is preferable to avoid unforeseen issues.

At the time of reporting, the price of Ethereum (ETH) was $3,415.13.