Ethereum Hits All-Time High in TPS Before Fusaka Upgrade The Ethereum ecosystem has set a new record for transaction volume per second. The total transaction volume across the entire Ethereum network and its Layer 2 reaches 32,950 TPS, surpassing last week's high of 31,000 TPS. The increase comes ahead of today's launch of the Fusaka upgrade, which is expected to further boost scalability. After the upgrade, nodes will only store one-eighth of the blob data they previously stored, making the network faster and more efficient.
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Tom Lee: “Ethereum Price Could Skyrocket to $62,000 in Long-Term Outlook.” Ethereum has rebounded above $3,200 after falling below $2,700 in November, and this rapid recovery has lifted overall market sentiment. The recent Fuska upgrade has made the network faster and cheaper, boosting activity and encouraging larger holders to accumulate again. Traders now see $3,000 as solid support, and ETH market sentiment has become significantly more stable. In a recent analysis video, Altcoin Daily highlighted Tom Lee’s bullish outlook on Ethereum and assessed how realistic his predictions are. Tom Lee Says the Bottom Is Here Tom Lee, a prominent Wall Street strategist, believes Ethereum has completed its correction and is now preparing for a stronger move in the long term. “Ethereum has completed its correction and is preparing for a strong move into 2026,” Lee said.
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Longtime Bitcoin Anti-Peter Schiff Confesses: “Blockchain Is Better Than Gold in Many Ways!” Schiff Launches Crypto Gold, Still Anti-Bitcoin Schiff Praises Crypto Gold and Admits Blockchain’s Superiority During a debate with Changpeng Zhao (CZ) on December 4, prominent crypto critic Peter Schiff surprised everyone by announcing a new crypto gold project called T-Gold.com. Schiff Launches Crypto Gold, Still Anti-Bitcoin Schiff Praises Crypto Gold and Admits Blockchain’s Superiority During a debate with Changpeng Zhao (CZ) on December 4, prominent crypto critic Peter Schiff surprised everyone by announcing a new crypto gold project called T-Gold.com. The platform allows users to buy physical gold and silver stored in private vaults, then withdraw the assets as tokens on the blockchain. Schiff admitted that blockchain makes gold “more transportable, divisible, and flexible,” while improving its monetary properties without losing its core value.
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