- The Headliner: Ethereum activates Fusaka on Dec 3, raising gas limits and launching PeerDAS.
- The Wave: Flare, MultiversX, VeChain, and Siacoin execute simultaneous hard forks, stressing node infrastructure.
- The Governance: Lido and Renzo initiate critical treasury votes and token burns to manage supply shocks.
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.
CryptoRank detailed the seven-day program, listing the particular events for each day of the first week of the last month of 2025.
Fusaka Takes the Spotlight Amid Multiple Events
According to CryptoRank’s report, Lido Finance led the way with a Treasury Stablecoin Vote on December 1 to convert treasury stablecoins to yield-earning assets. On the same day, Axelar Network upgraded its testnet to reduce its block time to one second, while Manta Network engaged in an AMA over its product on Junkfun.
Related: Ethereum Increases Gas Limit to 60M, Scaling Base Layer Ahead of Fusaka Upgrade
December 2 is all about Flare Network’s upcoming upgrades to boost performance, lower costs, and scale dApps. MultiversX will also activate its Staking V5 Upgrade on the same day for dynamic issuance and diversified ecosystem rewards, while VeChain will launch the Hayabusa Mainnet to activate StarGate NFT staking and VTHO rewards.
In what will become arguably the biggest event of the week, Ethereum will release the Fusaka Upgrade on December 3. It is a version of the protocol that aims to boost scalability and increase the network’s efficiency. Fusaka will be Ethereum’s second upgrade in 2025 and consists of two upgrades happening on Ethereum’s consensus and execution layers at the same time.
Every Day Has Its Show in Crypto This Week
In the meantime, December 4 will feature GEODNET, the acclaimed world’s largest RTK network. The establishment will host an AMA alongside ROVR to address app launches, milestones, and updates. Meanwhile, Celo will embark on a governance call to address critical ecosystem issues, including the Trust Wallet token.
DIA, stake.link, and Renzo would all be active on December 5 with the DAO treasury vote, Cube vote, and token burn, respectively, while Doodles will host an event with Claynosaurz on December 6.
Siacoin will round up an eventful week on December 7 by entering into its V2 era, which involves network upgrades, particularly to its Sia terminal apps. Beldex.bdx will also activate its Obscura Hardfork on the same day to enable faster private transactions and improved scalability.
Related: Ethereum Price Prediction: ETH Attempts Recovery as Market Readies for Fusaka Upgrade
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Source: https://coinedition.com/dec-1-7-in-crypto-the-week-of-forks-as-5-blockchains-upgrade-in-7-days/