Ethereum Faces Capacity Crisis Ahead of Pectra Upgrade, Warns DeFi Expert Gautham Santhosh

COINOTAG reported on January 20th that Gautham Santhosh, the visionary behind the DeFi derivatives protocol Polynomial, expressed critical insights regarding the upcoming Ethereum Pectra upgrade. He highlighted that while the upgrade is anticipated to improve current scalability issues, it may only provide a short-term solution to the burgeoning demand for block space. Santhosh remarked, “55% of all blob space has already been utilized by layer 2 solutions. If we maintain the current growth trajectory, Ethereum may face a serious capacity crisis within just a few months. It’s akin to having three lanes on a highway to support fifty rapidly expanding cities.” The Pectra upgrade, slated for March 2025, aims to enhance the blob limit per block, increasing it to nine, but the question remains whether this will suffice for Ethereum’s growing ecosystem.