According to Hasu, a Lido advisor, following the Glamsterdam upgrade, Ethereum’s gas limit will increase significantly from the current 60 million to nearly 200 million. This implies that L1 execution capacity will increase by more than 3x and is expected to double again shortly thereafter.
Ethereum’s next major upgrade, Glamsterdam, includes a number of Execution Layer (EL) gas repricings, calibrating costs to better match resource usage at higher throughput. EIP-8037, the state-creation gas cost increase, is at the center, raising the price of writing new state so that a higher gas limit does not result in unbounded state growth.
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In his tweet, Hasu pointed out that, assuming no equivalent surge in network demand, Ethereum mainnet gas fees are likely to remain near zero for the next few years.
“A fact I feel like almost nobody knows: Ethereum’s gas limit will be increased to ~200M after Glamsterdam, a huge increase from the 60M we have today. That’s a 3x+ of L1 execution capacity, with expectation of further doubling soon after that. Assuming no similar increase in demand, fees could stay near zero for years,” Hasu wrote.
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In the past week, over 100 Ethereum core contributors gathered above the Arctic Circle in Longyearbyen, Svalbard, for the Soldøgn Interop to work intensively on the Glamsterdam network upgrade.
Ethereum developers were able to deliver three core goals. First is an alignment on a post-Glamsterdam gas limit floor of 200 million, stable ePBS implementations running with external builders, and final EIP-8037 repricing numbers locked in. Meaningful progress was also made on Hegotá features like FOCIL and native account abstraction, as well as a number of other topics.
Raising the gas limit safely is a multi-dimensional problem, and Glamsterdam tackles several of them, including how blocks are built and proposed, how much headroom client implementations have under load, and how state-creation costs scale alongside throughput.
Source: https://u.today/ethereum-set-for-3x-capacity-boost-what-it-means-for-fees
