On October 24th, Ethereum co-founder Vitalik Buterin posted on the X platform stating, "I believe the ideal solution is to deeply but selectively reduce gas fees: reduce the gas cost of all EVM opcodes currently in the 2-5 range to 1, and reduce those in the 6-10 range to 2. Reduce the gas cost of logging operations by 4 times. Reduce the gas cost of precompiled contracts (except those we plan to deprecate). This way, it may be possible to increase TPS by 1.5 times without compromising any "critical worst-case" metrics (such as calldata size, IO)."