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Taiko upgrades Ethereum bridge to simplify token transfers and increase gas limit for ETH payments

Protocol Fundamentals
08 Oct 2026
Tokenpost
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Bullish
Taiko upgrades Ethereum bridge to simplify token transfers and increase gas limit for ETH payments

Taiko executed Proposal 39 to upgrade its Ethereum layer 1 and Taiko layer 2 bridge, adding new approval features like Permit and Permit2. This allows users to bridge tokens without a separate approval transaction, streamlining the transfer process. The upgrade also increased the gas limit for Ether payments on the bridge and deployed a new BridgedERC20V2 contract on both networks. The update was thoroughly tested for multiple asset types and passed the community veto period before execution, enhancing usability and efficiency for token transfers.

Taiko's Proposal 39 upgrade is the subject, with Pluang market data providing context. As of Oct 08, 2026 18:02 WIB, 22 of 50 major cryptocurrencies rose while 27 fell. XRP traded at Rp25.031 with a 1-day change of -3.57% and a typical hold time of 71 days. UNI was priced at Rp138.301, down 3.47%, with a 65-day hold time. Nano stood at Rp6.041, down 3.39%, with a 100% buy order activity and an 86-day hold time.

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