Ethereum (ETH) Price: Record Staking and a Big Upgrade Date Put ETH Back in Focus
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TLDR Ethereum traded near $2,448 on Wednesday, up 2.76% in 24 hours. The Glamsterdam upgrade goes live on the Hoodi testnet on October 26 with a 200 million gas limit. Staked ETH hit a record 43.8 million, or 35.9% of supply, per Bitwise. Bitmine staked another 159,728 ETH, bringing its total to 5.23 million ETH. Resistance sits at $2,500, with support near $2,400 and $2,410–$2,420. Ethereum traded at $2,448.46 on Wednesday, up 2.76% over 24 hours. The wider crypto market added 2.49% to reach $2.79 trillion. Bitcoin traded at $82,930, while XRP held near $1.33 after a gain of more than 2% the day before. Glamsterdam Moves to Hoodi Ethereum developers have set October 26 for the Glamsterdam upgrade on the Hoodi testnet.
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