Approximately 15% of Ethereum validators are currently showing support for increasing the block gas limit — a key technical parameter that affects how much data each block on the Ethereum blockchain can process. This insight comes from the dashboard gaslimit.pics, developed by an Ethereum researcher.
Currently, over 150,000 validators are signaling in favor of increasing the gas limit from 36 million to 60 million units. Unlike major protocol changes that require a hard fork, this adjustment can be implemented simply by validators changing their node configurations. If over 50% of the network validators support the proposal, the new gas limit will automatically go into effect.
Increasing the gas limit would allow Ethereum’s Layer 1 to process more transactions per block, potentially improving throughput and user experience. However, some developers have voiced concerns about the increased hardware strain this could place on node operators, which might impact network performance and stability.
Gas Fee Volatility and Its Impact on ETH Price
Ethereum gas fees have been highly volatile in recent months. Following the Dencun upgrade, which enabled the creation of “blobs” for off-chain data storage, the network initially saw a surge in gas prices. However, just weeks later, reports showed that average transaction fees dropped to their lowest point in three years, reaching as low as $1.12 per transaction.
This significant drop made Ethereum more accessible for users and drove an uptick in on-chain activity, which in turn had a positive short-term effect on demand for ETH. Despite this, ETH’s market performance has not lived up to expectations, especially considering the many upgrades to the ecosystem and the launch of spot Ethereum ETFs.
Many analysts believe that improvements in Ethereum’s scalability and cost-efficiency will eventually be reflected in ETH’s long-term price trend.
Ethereum Technical Analysis – May 27, 2025
On the daily chart, Ethereum is showing strong bullish momentum. However, upward movement has slowed after reaching a supply zone between $2,746 and $2,865, where the price is currently consolidating.
The consolidation is forming a bullish wedge pattern, indicating a potential breakout. If ETH can break above the $2,868 resistance level, it would likely trigger a sharp rally, potentially targeting the next major supply zone at $3,280.
On the downside, the $2,340 level is the nearest key support and has served as a strong base for bullish rejections. If the price revisits this zone, traders may look for buying confirmations as a signal for further upward movement.
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