Ethereum's Glamsterdam Upgrade Test Is Four Days Away: Can ETH Break $2,800?

Key takeaways

• Ethereum's Glamsterdam upgrade reaches Hoodi on October 26
• Testnet gas limit will increase to 200 million
• ETH needs stronger buying pressure to approach $2,800

Ethereum is approaching a major network milestone as its Glamsterdam upgrade prepares to activate on the Hoodi testnet on October 26, potentially giving investors a fresh catalyst while ETH struggles to establish a sustained recovery.

The cryptocurrency has recently traded around $2,450-$2,500 after rebounding from the $2,330 region. A move toward $2,800 would require roughly a 13% increase from $2,475, making the coming test an important event to watch rather than a guaranteed bullish trigger.

Ethereum's October 26 Upgrade Brings a 200 Million Gas Test

According to the Ethereum Foundation, Glamsterdam will activate on Hoodi at 17:42:48 UTC on October 26, at epoch 132,352.

The upgrade will raise Hoodi's gas limit to 200 million, following its successful Sepolia activation on October 6.

Glamsterdam introduces enshrined proposer-builder separation, which integrates key block-building arrangements directly into Ethereum's protocol. It also introduces block-level access lists designed to make transaction processing and validation more efficient.

These changes support Ethereum's long-term scaling ambitions by making larger blocks easier for network participants to verify.

Coinpaper previously reported the 200-million gas milestone, identifying it as an important technical step rather than an immediate increase in mainnet capacity.

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The October 26 deployment remains a testnet event. Ethereum users will not automatically receive higher mainnet capacity that day, and the Foundation has not announced a final production rollout.

Ethereum Price Faces Resistance as ETF Selling Continues

Despite the approaching upgrade, Ethereum has struggled to maintain bullish momentum throughout October.

ETH recently slipped toward $2,330 before recovering above $2,400, leaving traders watching whether the $2,500–$2,550 region can become support.

Institutional activity remains another obstacle. Coinpaper's recent ETF analysis documented approximately $1.08 billion in cumulative Ethereum ETF withdrawals during October.

Earlier, BlackRock's Ethereum fund contributed heavily to a $259.5 million withdrawal period, highlighting the gap between network development and investor appetite.

The selling has also complicated bullish institutional forecasts, including the $5,000 target discussed in previous Coinpaper coverage.

A successful Hoodi activation could strengthen confidence in Ethereum's roadmap, but it would not directly establish new demand for ETH.

Ethereum Price Prediction: Can ETH Reach $2,800?

The bullish scenario requires ETH to reclaim $2,500–$2,550 and sustain daily closes above that region.

That would improve the outlook toward $2,600, followed by a potential recovery toward $2,800 if trading volumes strengthen and institutional withdrawals moderate.

The latter level represents a conditional price target, not a projected consequence of Glamsterdam's activation.

Conversely, another failure near $2,550 could leave Ethereum vulnerable to a retest of $2,400. A sustained breakdown beneath that threshold would expose the $2,300 area.

Previous derivatives analysis identified how leveraged positioning can amplify price declines when important support levels fail.

Ethereum's successful Fusaka rollout previously demonstrated the importance of staged network upgrades, with testing and client coordination preceding mainnet changes.