Ethereum Strawmap sets 2029 goal: 10,000 TPS on L1 and 6–16s finality

The Ethereum Foundation's Strawmap sets a 2029 target to lift Layer 1 capacity to about 10,000 TPS, roughly 1 gigagas per second, and cut finality from around 16 minutes to 6–16 seconds, delivered via up to seven hard forks on a six‑month cadence. The plan reframes L1 as a faster settlement layer alongside L2 scale, while traders are watching $2,150 resistance, $2,000 as a pivot, and $1,920–$1,800 as support.