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The Ethereum network has increased its gas limit by 3.3 times in preparation for the upcoming Glamsterdam upgrade, aiming to significantly boost the platform's scalability and transaction capacity. This upgrade is significant as it addresses one of Ethereum's major limitations, potentially paving the way for wider adoption and increased usage. The increased gas limit may have major implications for the network's ability to handle high-demand applications and transactions, potentially giving Ethereum a competitive edge in the cryptocurrency market.
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