Ethereum’s Fusaka Update Advances Towards Increased Scalability

The Ethereum network has successfully concluded its final testnet phase for the upcoming Fusaka update, paving the way for a major upgrade in efficiency and scalability. The Nethermind team achieved successful activation of the Hoodi fork on October 28th, marking a significant milestone ahead of the mainnet launch scheduled for December 3rd. Despite fluctuations in the cryptocurrency market influenced by macroeconomic uncertainty, ETH has declined slightly, hovering around $4,000 USD. )