Ethereum’s Fusaka upgrade just went live, and it immediately slashed L2 fees by up to 60 percent. The key change is PeerDAS, which lets validators sample data instead of downloading everything, cutting costs on Arbitrum, Optimism, and Base while reducing node bandwidth by as much as 80 percent.
Blob capacity will increase again on December 9 with BPO1 and BPO2, pushing rollup throughput to nearly eight times what it was a year ago. L2 transactions that used to cost around 50 cents now sit closer to 20–30 cents.
PeerDAS in Fusaka is significant because it literally is sharding.
Ethereum is coming to consensus on blocks without requiring any single node to see more than a tiny fraction of the data. And this is robust to 51% attacks – it's client-side probabilistic verification, not… pic.twitter.com/OK81xBteER
— vitalik.eth (@VitalikButerin) December 3, 2025
Activity is already jumping: 190,000 new wallets were created in 24 hours, and shark wallets (1,000–10,000 ETH) have been accumulating.
Fusaka also adds passkey support for Face ID and Touch ID, plus a gas limit bump from 45M to 60M. It’s the first major step toward full danksharding and Ethereum’s next scaling phase.
Ethereum Price Prediction: How Is December Looking For ETH?
This ETH chart is basically laying out a full Elliott Wave roadmap inside a clear descending channel, and the structure makes the current bounce look more like a corrective wave than a full trend shift.
The Price has been grinding lower in a controlled five-wave move, tagging multiple Fibonacci projections in the 2,300 to 2,150 region, which lines up with the 100 percent, 123.6%, and 138% extensions that often mark wave three or wave C exhaustion zones.
The recent rally pushed ETH up toward the mid-channel and into that red retracement box, which includes the 23.6 percent, 38.2 percent, and 50 percent Fib retracements of the prior drop.
That zone around 3,050 to 3,350 is the key decision area. If ETH rejects there, the chart strongly supports one more leg down to complete a final wave 5, likely into the deeper Fib cluster near 2,144 or even 1,820. But if bulls manage to break the channel and flip the 3,170 region into support, it would signal that the corrective structure is finished and a larger trend reversal is taking shape. For now, it is a temporary bounce approaching major resistance.
Maxi Doge Presale Blows Past 4.28M as Early Buyers Rush In
While Ethereum wrestles with channel resistance and traders debate whether a final leg down is coming, the real heat in the market is forming somewhere completely different. Maxi Doge is pulling in early-cycle energy that most memecoins never see, and the presale numbers are proving it.
Maxi Doge has already raised more than 4.28 million dollars. It is doing it in a market that is still recovering. That kind of early inflow usually means two things. Whales are positioning early, and retail is starting to circle in before the breakout moment.
The staking rewards at 72% APY are a major reason people are locking in early. Instead of chasing short-lived pumps, holders get paid while they wait, reinforcing long-term momentum instead of pure hype trading. That is the exact setup past cycle winners had before they exploded.
While ETH fights resistance and traders look for direction. Maxi Doge is quietly stacking liquidity, and drawing attention as one of the few presales showing real strength right now. If memecoins rotate back in December or January, this is the type of project that usually leads the pack.
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Key Takeaways
- Fusaka upgrade cut L2 fees up to 60 percent and boosted activity, but ETH’s chart still looks like a corrective bounce inside a broader downtrend
- ETH must break out of the 3,050 to 3,350 resistance zone to confirm a trend reversal; otherwise, one more leg down toward 2,144 or even 1,820 remains likely.
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