Glamsterdam was activated on the Sepolia testnet on Tuesday, October 6, 2026, at 13:53 UTC, as confirmed by Ethereum contributor Pooja Ranjan. The upgrade introduces proposer-builder separation, access lists, and changes to gas pricing to improve network efficiency.
TL;DR: Ethereum's Sepolia testnet is testing a 200 million block gas limit as part of work around the Glamsterdam upgrade. The experiment is more than three times Sepolia's previous 60 million target and is intended to show how clients and validators behave under much heavier Layer 1 execution loads.
Another Ethereum Layer 2 chain bites the dust: Just days after the creators of the once-hyped Blast said they're shutting down the scaler, Abstract is about to follow suit. On Tuesday, Igloo Inc.
Ether fell nearly 6% toward $2,500, while more than $221 million in long positions were liquidated over 24 hours.
Ethereum's slide toward $2,500 has put about $1.35 billion of leveraged long positions at increasing risk of liquidation. CoinMarketCap data showed roughly $1.35 billion of ETH long exposure sat at liquidation levels below the prevailing price, compared with about $999.78 million of shorts vulnerable above it.
Ether traded at $2,554 on Binance at 2:01 p.m. ET (18:01 UTC) on Oct. 7, after trading at $2,549 15 minutes earlier.
OUSD's rapid growth on Ethereum highlights institutional influence in stablecoin markets, raising concerns about liquidity concentration and market stability. Open USD supply on Ethereum tops $100M in its first week.
The single Ether perpetual-futures position was liquidated at 2:41 a.m. ET on Oct. 8.
Tom Lee says BitMine will stop buying ETH after reaching 5% of supply, ending one of Ethereum's largest recurring corporate demand sources.
BitMine set a maximum cap of 5% of Ethereum's supply. Tom Lee confirmed the company will not accumulate beyond that limit. The firm accumulated close to 6 million ETH, equivalent to 4.9% of the supply, and needs approximately 100,000 more ETH to reach the target.
Kalshi's 15-minute gold prediction markets generated nearly twice the trading fees of Ether-linked markets in September, only weeks after launching. The short-duration contracts attracted strong activity by letting traders repeatedly bet on near-term gold price moves throughout each trading day.
The Oct. 6 testnet upgrade combines Amsterdam and Gloas changes aimed at more efficient validation. Ethereum has not set activation dates for Hoodi or mainnet.