Ethereum Foundation Finalizes Glamsterdam Milestones, Locks 200M Gas Limit Floor

Ethereum Foundation announced on May 12 key Glamsterdam upgrade milestones, including a 200 million gas limit floor (3.3x from 60 million), stabilized ePBS, EIP-8037 completion, new protocol leads, and Q3 2026 deployment. The story began May 2 with block 25 million finality after nearly 11 years, alongside developer consensus on tripling L1 capacity via Glamsterdam. On-chain activity surged to records with 72.83 million April transactions, $21.61 billion RWA volumes, and $8 billion tokenized Treasuries ATH led by BlackRock BUIDL, though DeFi TVL dominance dipped to 53%. ETH held above $2,300 amid rival chain gains.