Ethereum: what are the next steps after The Merge?
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Speed, power... The second largest blockchain on the planet has many other projects in the pipeline.

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The Merge, which we explain all about here, is just one stage in Ethereum's development.

In late July, at the EthCC in Paris where The Big Whale was obviously present, Vitalik Buterin explained that the protocol will only have completed 55% of its roadmap once the Merge (merger) is complete. This update should enable Ethereum to consume less energy.

The next worksites look to be just as important 👀.


The EIP 4844 should improve the integration of layer 2s (second layer) to increase their processing capabilities. "These are already very powerful, but they will become even more so," assures Jérôme de Tychey. "After EIP 4844, rollups (Arbitrum, Optimism, etc.) will have between 10 and 100 times more capacity than today," adds Barnabé Monnot.

According to Ethereum Foundation projections, rollups will not even have enough transactions to process to fully utilise this new space. In the most optimistic scenarios, EIP 4844 could be implemented in early 2023.

Research is also underway to reduce the weight of the blockchain, which currently weighs in at 880 gigabytes (it would currently take 4 standard MacBooks to store the entire blockchain).

This is problematic, as everyone who hosts a node must be able to support it. "Even if storage tools are getting cheaper, increasing the size of the blockchain cannot go on indefinitely," warns Jérôme de Tychey. "Reducing the weight of the blockchain is essential to maintain the decentralisation of the network", notes Barnabé Monnot. According to him, however, this update should not see the light of day "for another two years".

But while these projects are important, none of them carry with them the upheaval of The Merge. "The next steps will be in the area of optimisation. We shouldn't expect anything as fundamental as The Merge," concludes Jérôme de Tychey.

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Grégory Raymond

Grégory Raymond is Head of Research and co-founder of The Big Whale. A specialist at the intersection of traditional finance and digital assets, he has been covering the regulatory, institutional and technological developments of the sector since 2017 for an audience of decision-makers: ,banks, asset managers and fintechs. He is also the author of Bitcoin & Cryptos: L'enjeu du siècle (Talent Éditions, 2025), a book built around interviews with key figures from the ecosystem.

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Raphaël Bloch

Raphaël Bloch is CEO and co-founder of The Big Whale, an independent market intelligence platform on digital assets serving financial market participants through editorial coverage, research, a weekly briefing, and in-person events. He co-founded The Big Whale in April 2022. At the platform, he moderates and hosts institutional events bringing together banks, asset managers, custodians, and infrastructure providers on topics including staking, on-chain yield, stablecoins, DeFi lending, and tokenisation. He has moderated panels at events hosted in partnership with Bitwise, Everstake, Gemini, Morpho, Hexarq, Coinhouse, Delubac, Franklin Templeton, and the Ethereum Foundation, held in London and Paris between late 2025 and mid-2026.

Before founding The Big Whale, Bloch worked as a reporter at Les Echos from December 2016 to March 2020, then at L'Express from March 2020 to March 2022. He also previously worked at Reuters. Since September 2022, he has held a concurrent role as Business Analyst at BFM Business. He has been active in crypto journalism since 2016. He holds degrees from emlyon and the CFJ.

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