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Dec 1-7 in Crypto: The Week of Forks as 5 Blockchains Upgrade in 7 Days

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Source: CoinEdition Original Title: Dec 1-7 in Crypto: The Week of Forks as 5 Blockchains Upgrade in 7 Days Original Link: https://coinedition.com/dec-1-7-in-crypto-the-week-of-forks-as-5-blockchains-upgrade-in-7-days/

Infrastructure Super-Cycle: Five Major Protocols Execute Critical Upgrades

The first week of December marks a rare ‘Infrastructure super-cycle’ for the crypto ecosystem, with five major protocols executing critical mainnet upgrades in a 168-hour window. Leading the charge is Ethereum’s Fusaka hard fork, flanked by structural overhauls from Flare, MultiversX, and VeChain.

December 1: Treasury Votes and Testnet Upgrades

Lido Finance leads the week with a Treasury Stablecoin Vote to convert treasury stablecoins to yield-earning assets. On the same day, Axelar Network upgrades its testnet to reduce block time to one second, while Manta Network engages in an AMA discussing its product developments.

December 2: Performance Boosts Across Multiple Networks

Flare Network launches upgrades to boost performance, lower costs, and scale dApps. MultiversX activates its Staking V5 Upgrade for dynamic issuance and diversified ecosystem rewards, while VeChain launches the Hayabusa Mainnet to activate StarGate NFT staking and VTHO rewards.

December 3: Ethereum’s Fusaka Upgrade

Ethereum releases the Fusaka Upgrade, marking the protocol’s second upgrade in 2025. This upgrade aims to boost scalability and increase network efficiency by implementing changes on both Ethereum’s consensus and execution layers simultaneously. Fusaka raises gas limits and launches PeerDAS technology to enhance the network’s capacity.

December 4-6: Community Events and Governance

December 4 features GEODNET hosting an AMA alongside ROVR to address app launches and ecosystem updates. Celo hosts a governance call to address critical ecosystem issues. On December 5, DIA, stake.link, and Renzo execute DAO treasury votes, Cube votes, and token burns respectively. Doodles hosts an event with Claynosaurz on December 6.

December 7: Final Major Upgrades

Siacoin enters its V2 era with network upgrades to its Sia terminal apps. Beldex activates its Obscura Hardfork to enable faster private transactions and improved scalability, concluding an eventful week of infrastructure upgrades across the crypto ecosystem.

ETH7.64%
EGLD9.99%
VET7.89%
WAXL14.99%
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