Ethereum activates Glamsterdam upgrade on Sepolia testnet
- —Glamsterdam went live on Sepolia; Hoodi testnet activation is next
- —The upgrade speeds up transaction processing and prevents database bloat
- —ETH has corrected over 8% this week to around $2,500
- —The Fed raised rates to 3.75%-4.0%, pressuring risk assets
Why it matters: A smooth testnet run brings Ethereum closer to scaling its base layer, but near-term ETH upside hinges on macro conditions and liquidity.
Source: FXStreet Crypto