On April 28, according to The Block, Ethereum researcher Dankrad Feist proposed in an Ethereum Improvement Proposal (EIP-9698) released on Sunday to gradually increase Ethereum's gas limit by a hundredfold. According to the proposal, Ethereum clients will vote on increasing the gas limit according to an exponential growth plan. The proposal introduces a "deterministic gas limit growth plan" that will increase tenfold every two years (164,250 block cycles), with plans to start implementation from June 2025.
If the proposal is implemented as Feist suggests, the gas limit will increase 100 times within the next four years, from the current 36 million to 3.6 billion, significantly improving the performance of the Ethereum mainnet. Feist acknowledges potential challenges, such as pressure on less optimized nodes and increased block propagation time, but believes that gradual increases will give node operators and developers time to adapt and optimize. Ethereum ecosystem developer Fabrice Cheng stated that this change could theoretically increase Ethereum's transaction processing speed to 2,000 per second.
