Ethereum Upgrade: Cheaper Gas Fees and Scaling Progress
Ethereum Upgrade: Cheaper Gas Fees and Scaling Progress
🚀 Cheaper Fees Incoming!
ZKSync, an Ethereum Layer 2 scaling solution, has successfully implemented the Dencun upgrade, which supports EIP-4844 (proto-danksharding) and utilizes blob-carrying transactions to reduce gas fees. OpenZeppelin audited the upgrade for security. While the full impact on transaction fees across Layer 2 solutions may take time to stabilize, ZKSync is starting with one blob per batch to ensure a smooth transition. This upgrade marks a significant milestone in scaling Ethereum and bringing it closer to mainstream adoption, with further work ongoing on validiums, data availability layers, optimized zero-knowledge proofs, and future protocol upgrades.
Happy Dencun upgrade to all Ethereum users🎉 Congratulations to @zksync for achieving cheaper gas fees. OpenZeppelin audited the @zksync upgrade to support proto-danksharding and the utilization of blob-carrying transactions defined in EIP-4844. Check the report 👇🏻
The first L2 blobs to go live secured by @OpenZeppelin 🫡 blog.openzeppelin.com/eip-4844-suppo…
It’ll take some time for the larger Ethereum ecosystem to see the full effects of EIP-4844 on L2 transaction fees. The fee markets will mature as other L2s post blob data. @zksync is starting with 1 blob per L2 batch to give ourselves the ability to switch back to calldata and
The blobs are here (づ｡◕‿◕｡)づ ⭐ @zksync was the first L2 to post a 4844 blob on Ethereum. It'll take a few days for transaction fees to stabilize across all L2s as the fee markets adjust. In the coming days, we'll see the full impact of 4844 on zkSync 🧵
ZKsync Joins Tokenized Asset Coalition to Scale Institutional DeFi
ZKsync has joined the Tokenized Asset Coalition (TAC), following Polygon Labs' membership earlier this year. The coalition focuses on advancing public blockchain adoption and institutional DeFi integration. Key developments: - TAC aims to revolutionize capital formation and management - ZKsync will contribute institutional-grade ZK scaling solutions - Initiative targets bringing trillion-dollar asset volumes onchain The collaboration aligns with broader industry efforts to create a more transparent and accessible financial system through blockchain technology. [Learn more about the coalition](https://bit.ly/3NZjPpR)
SEC Leaders Push for Regulatory Clarity and ZK Privacy in Digital Finance
SEC Chair Paul Atkins unveiled **Project Crypto**, a groundbreaking initiative to modernize U.S. securities regulation for blockchain technology. The project aims to embrace tokenized securities, stablecoins, and crypto infrastructure in American capital markets. Key components of Project Crypto: - Regulatory framework for tokenized securities - Support for compliant ICOs and airdrops - Updated custody rules supporting self-custody - Unified crypto services regulation - Innovation exemptions The announcement acknowledges that regulatory uncertainty has pushed innovation offshore. SEC leaders, including Hester Peirce, emphasize ZK technology as crucial for scalable, secure, and compliant digital finance. [Read the full SEC speeches](sec.gov/newsroom/speeches-st)
GRVT Building CeDeFi Exchange on ZKsync
GRVT is developing a CeDeFi exchange on ZKsync that aims to combine centralized exchange performance with decentralized security. The platform will feature: - Professional trading tools - Full on-chain execution - ZK-based security architecture Since launching their ZK Chain to Mainnet Alpha earlier this year, GRVT has processed $1.3B in trading volume within 30 days. The project positions itself as the world's first licensed DEX, focusing on trustless and self-custodial trading. *Development continues through 2025 with an expanded roadmap.*
ZKsync Security Council Performs Protocol Upgrade
ZKsync Security Council implemented a protocol upgrade to address a newly discovered issue. The system's multi-layer defense architecture maintained security throughout the process. This follows a previous security incident from April 2025 where: - All funds were successfully recovered - A comprehensive investigation was completed - Security processes were enhanced A detailed post-mortem of the recent upgrade will be published soon. For more details on the previous incident, see the [final report](https://zksync.mirror.xyz/W5vPDZqEqf2NuwQ5x7SyFnIxqqpE1szAFD69iaaBFnI)
Heurist Chain Joins Elastic Network with ZKsync Integration
Heurist Chain has officially joined the Elastic Network, marking a significant development in blockchain AI infrastructure. The integration leverages ZKsync technology to create a specialized chain focused on AI economy applications: - Enables AI agent transactions and coordination - Facilitates global scaling of AI operations - Built on proven zkRollup architecture Heurist positions itself as a dePIN (Decentralized Physical Infrastructure Network) project, combining ZK proofs, blockchain, and artificial intelligence technologies. For technical details, refer to their comprehensive documentation: - [Full Whitepaper](https://docs.heurist.ai) - [Simplified Litepaper](https://docs.heurist.ai/protocol-overview/litepaper)