Ethereal news weekly #0

November 28, 2025

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6 min read

Gas limit increased to 60M, Fusaka upgrade December 3, FOCIL not in Glamsterdam upgrade

Gas limit increased to 60M [thanks to gas benchmarking framework, ModExp repricing & optimizations]
Fusaka upgrade:
- mainnet December 3 at 21:49 UTC (slot 13,164,544); watch the livestream
Mastering Ethereum second edition, buy the book or read online/GitHub
PSE privacy experience survey (via CryptPad), takes 10-15 minutes, claimable POAP
EF Devcon:
- Devconnect Argentina videos
- Devcon 8 will be in Mumbai, India, Q4 2026
Hackathons:
- ETHGlobal Buenos Aires hackathon finalists
- ETHGlobal 2026 in-person hackathons: Cannes, New York, Lisbon, Tokyo & Mumbai
ETHval (dashboard): Ether’s intrinsic value using TradFi & crypto metrics
ETH metrics:
- Gas (gwei): 0.2 average, 0.0 - 9.6 (14.4 for zero net issuance)
- ETH supply change: 18k net issuance
- ETHUSD: $2,685 – $3,060 (all time high $4,946, August 24, 2025)
- ETH ETFs: 5% of ETH supply
- ETHBTC: 0.033 (0.165 for the Flippening)

Consensys

A complete suite of trusted products to build anything in web3.
consensys.io

0xbow Privacy Pools: minimum deposit lowered to 0.01 ETH & approval time reduced to under an hour for 75% of users
Aave mobile app: up to 6.5% savings rate, iOS only, via waitlist
DeFi Capital Standards Association (DCSA): initiative to establish framework for risk measurement & capital standards by H2 2026
GnosisDAO voted to terminate kpk (formerly karpatkey) treasury management services
Majeur: onchain governance framework
Bordel hackerspace (Prague) crowdloaning: community funded DeFi mortgage

Foundry (framework):
- Foundry v1.5.0-rc1: improved fuzzing (AST seeded dictionary using Solar), cast browser wallet support & ERC20 interaction and npm packages for anvil, cast & chisel
- Forge-std v1.12.0: adds cheatcodes to get/set EVM version, sign with nonce & get storage slots
Hardhat (framework) v3.0.16 & v2.27.1: supports Fusaka & OP Stack Isthmus upgrades
CREATE4 (Solidity): deploy to same address across networks with different bytecode
Viem 2.40 (TypeScript): adds eth_fillTransaction support to reduce RPC calls to prepare a local transaction
Herd visualizer: view contract relationships on mainnet & Base, beta
Sourcify dataset (verified contracts) live on Google BigQuery
Etherscan free API tier no longer includes Base & Optimism, verified contracts & ABI end points unaffected
Electric Capital open dev data: datasets of developer activity, parquet format
ERCs:
- ERC8086: Privacy token
- ERC8087: Encrypted hashed arguments and calls
- ERC8088: Cross-chain tracking
- ERC8089: Smart contract development lifecycle registry
- ERC8090: Relayer-protected gasless swaps
- ERC8091: Privacy address format
- ERC8092: Associated accounts
- ERC8093: Private ERC20

Velodrome & Aerodrome centralized domains compromised, ~$700k lost, decentralized domains unaffected
Shai-Hulud 2 npm supply-chain attack, ENS removed compromised package versions with no apparent downloads of those versions

Fusaka upgrade (December 3 at 21:49 UTC):
- mainnet upgrade & incident response plan
- mainnet shadow fork 1: successfully upgraded to Fusaka, BPO1 & BPO2, close to 100% participation, Nimbus working on release to fix supernode bug
Glamsterdam upgrade (targeting June 2026):
- Headliners:
  - EIP7732 ePBS: devnet in late December/January, ePBS breakout on December 5 will discuss trustless payments
  - EIP7928 Block-level Access Lists: 3 clients passing most tests, testing in Kurtosis this week with a devnet soon
- Considered for Inclusion:
  - EIP8045 exclude slashed validators from proposing
- Consensus layer non-headliners still to be decided at next ACDC:
  - Review complexity of EIP7688 forward compatible consensus data structures (SSZ ProgressiveContainer)
  - Choose either EIP8080 exits use consolidation queue or EIP8061 increase churn limits
- Declined for Inclusion:
  - EIP7805 FOCIL, EIP8071 prevent using consolidations as withdrawals & EIP8062 sweep withdrawal fee for 0x01 validators
Heka + Bogota upgrade
- EIP7805 FOCIL moved from Glamsterdam & set to Considered for Inclusion, discussion on whether it should be Scheduled for Inclusion, which could impact other potential headliners (such as 6 second slots)
I-star name needed for Consensus Layer upgrade after Heka

Client-side proving dashboard
Soundcalc: proof system security measure of zkEVMs, supports RISC0, Miden & ZisK
Offchain Labs: WASM better suited for smart contract delivery than RISC-V, contract delivery instruction set can be different to what is used for proving

Client diversity:
- Consensus layer: Lighthouse 48%
- Execution layer: Geth ~41%, Nethermind ~38% (estimated from self reports)
Staking marketshare: Lido 24% [Note: dual governance]
Client releases:
- Consensus layer:
  - Lighthouse v8.0.1 (medium priority hotfix): fixes checkpoint sync & performance improvements
  - Teku 25.11.1 (optional priority): improved metrics (beacon peer count connection direction & outgoing LibP2P requests) & fixes
- Execution layer
  - Erigon v3.3.0: historical eth_getProof support; new docs
  - Nethermind 1.35.3 (OP Stack operators): OP Stack Jovian upgrade

S&P Global: USDT (Tether) stability assessment downgraded to weak (from constrained)

X (Twitter) about this account displays either users country or region
Session & SimpleX receive 128 ETH donations each from Vitalik, messaging apps need permissionless account creation & metadata privacy
Tutorials:
- Vitalik: Plinko & private information retrieval protocols
- zkSecurity Sumcheck, Multilinear Extensions (MLE) & HyperPlonk, implemented using SafeMath
Jarrad Hope & Peter Ludlow: Farewell to Westphalia book (print & open source), crypto sovereignty & post-nation-state governance

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