Ethereum core developer Ben Adams recently sparked excitement in the crypto community with a tweet proposing the inclusion of EIP-2780 in the upcoming Glamsterdam hard fork. This upgrade aims to dramatically increase Ethereum's transaction capacity, potentially allowing up to 25,000 transactions per block and pushing throughput to 2,083 transactions per second (TPS). For meme token enthusiasts, this could mean smoother launches, quicker trades, and lower fees during those wild pump sessions that often clog the network.

If you're new to this, TPS stands for transactions per second—basically, how many trades or transfers the blockchain can handle without breaking a sweat. Ethereum's current setup limits this due to gas costs, which are like toll fees for using the network. EIP-2780, originally drafted back in 2020 but now being pushed forward, proposes cutting the base gas cost for each transaction from 21,000 to just 8,000. That's a big drop, freeing up space in each block for more activity.

Adams shared a handy table in his tweet illustrating the potential gains. Here's a markdown version for easy reading:

Block Gas Limit	Old tx/bk (21k)	TPS @ 12s	TPS @ 6s	TPS @ 3s	New tx/bk (8k)	TPS @ 12s	TPS @ 6s	TPS @ 3s
45M	2,143	179	357	714	5,625	469	938	1,875
60M	2,857	238	476	952	7,500	625	1,250	2,500
100M	4,762	397	794	1,587	12,500	1,042	2,083	4,167
200M	9,524	794	1,587	3,175	25,000	2,083	4,167	8,333
400M	19,048	1,587	3,175	6,349	50,000	4,167	8,333	16,667
800M	38,095	3,175	6,349	12,698	100,000	8,333	16,667	33,333
1,600M	76,190	6,349	12,698	25,397	200,000	16,667	33,333	66,667

As you can see, at a 200 million gas limit per block—which Adams notes is likely by the time of the upgrade—the new setup could handle 25,000 transactions per block. With Ethereum's standard 12-second block time, that's 2,083 TPS. If block times drop to 6 or 3 seconds in future upgrades, we're talking even wilder numbers, up to 8,333 TPS or more.

Why This Matters for Meme Tokens

Meme coins thrive on hype and rapid trading, but Ethereum's current limitations often lead to skyrocketing gas fees during viral moments. Remember the chaos during the last big meme token rally? Traders were paying hundreds of dollars just to swap tokens. By reducing the intrinsic gas cost, EIP-2780 makes room for more transactions without bumping up the block size too much, keeping things efficient.

Plus, the proposal adds a 25,000 gas surcharge for creating new accounts via simple transfers, which helps prevent spam and keeps the network's state growth in check. This is crucial for maintaining long-term scalability, ensuring meme token projects can scale without the blockchain grinding to a halt.

For more details on the proposal, check out the full EIP-2780 document. It's co-authored by Adams along with Matt Garnett and Uri Klarman, and it's designed to work alongside other upgrades like EIP-1559 (which introduced fee burning) and EIP-2929 (for gas cost adjustments).

Potential Impact on the Meme Ecosystem

Imagine launching a new meme token without worrying about network congestion derailing your airdrop or initial liquidity pool. Higher TPS means faster confirmations, which could attract more retail traders to Ethereum-based memes, potentially pulling volume away from faster chains like Solana. While Layer 2 solutions like Optimism or Arbitrum already help with scaling, improvements at the base layer would benefit the entire ecosystem.

Of course, this is still a proposal, and it needs community consensus to make it into the Glamsterdam fork. But if it goes through, it could be a game-changer for meme token creators and traders alike, making Ethereum more competitive in the high-speed world of crypto memes.

Stay tuned to Meme Insider for more updates on how blockchain tech evolves to support your favorite viral tokens. What do you think—will this upgrade spark the next meme coin bull run?