Ethereum Fusaka Hard Fork December 2024: ETH Upgrade Timeline & Blob Capacity Expansion

Ethereum core developers have confirmed the tentative December timeline for the Fusaka hard fork during the latest All Core Developers Consensus call. The major ETH upgrade, scheduled for December 3rd pending successful testnet deployments in October, aims to significantly scale blockchain capacity through phased blob parameter increases. Following mainnet activation, BPO-1 will raise blob targets from 6/9 to 10/15 one week later, with BPO-2 pushing limits to 14/21 the subsequent week based on Devnet-5 performance data. These Ethereum improvements will enhance rollup data storage efficiency introduced in March's Dencun upgrade, reducing layer-2 transaction costs for users. Additional crypto developments include Plasma's September 25 mainnet beta launch featuring $2B+ stablecoin liquidity and zero-fee USDT transfers, Midas and Interop Labs' mXRP liquid staking token offering 6-8% yields for XRP holders, and Internet Computer's continued AI technology stack development aiming for fully on-chain artificial intelligence execution.