The field of large language models (LLMs) is rapidly advancing with a focus on improving inference efficiency. Recent developments have centered around speculative decoding, which enables faster token generation by leveraging draft models and verifying their output. This approach has led to significant speedups, with some methods achieving up to 5.5x acceleration over standard decoding. Notably, techniques such as cascade adaptive self-speculative decoding, proxy-based test-time alignment, and diffusion-based drafting have shown promise in reducing latency and improving accuracy. Furthermore, research has explored the use of retrieval-enhanced methods, adaptive thresholding, and expert routing to optimize speculative decoding. The integration of these advancements has the potential to enable scalable and low-latency LLM services, particularly in resource-constrained settings. Some noteworthy papers in this area include CAS-Spec, which proposes a novel cascade adaptive self-speculative decoding method, and SpecDiff-2, which leverages discrete diffusion to address bottlenecks in speculative decoding. Additionally, ReSpec introduces a framework for retrieval-enhanced speculative decoding, while TapOut presents a bandit-based approach to dynamic speculative decoding.