Altcoins News

Story: Glamsterdam Fork Set to Transform Ethereum and Slash Fees by 78.6%

By Sydney TheCMO

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Price Sitting at $2,400, RSI Flashing Caution. Ethereum hit approximately $2,400 recently, up 3.13%. That sounds good.

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Google Gemini AI's $4,150 Mid-Case Target. Google Gemini AI put numbers to the optimistic scenario.

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Bitcoin Hyper's $33M Presale and the Solana VM Angle. Separate from Ethereum entirely, Bitcoin Hyper has raised over $33 million in its presale.

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Ethereum's biggest protocol overhaul since The Merge is weeks away. The Glamsterdam hard fork is set to land by late August, and depending on how it goes, it could either lock in…

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The fork brings three major changes. EIP-7928 introduces parallel execution, which would push Ethereum's throughput to 10,000 transactions per second.

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Then there's EIP-7732, which brings in Enshrined Proposer-Builder Separation. It's a mouthful, but the point is pretty clear: cut MEV extraction by up to 70%.

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Ethereum hit approximately $2,400 recently, up 3.13%. That sounds good. But the chart tells a messier story.

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After peaking near $4,950 last August, Ethereum fell hard. October and November brought it down to around $2,800. February was worse — prices dropped to roughly $1,780.

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Since then, Ethereum has slowly clawed back. It built a base above $1,850 and has pushed toward $2,400 in recent sessions. Support sits at $2,300, $2,100, and $1,850.

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The RSI is at 86.13. That's overbought. Not slightly — pretty firmly overbought. Strong momentum, sure, but the kind of reading that usually means the market needs to breathe…

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See also: Key Technical Levels for Bitcoin and Ethereum Set for Weekend Trading Surge

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The risk is clear too. If the Glamsterdam fork gets delayed — pushed past Q4 2026 — sentiment could flip fast.

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Google Gemini AI put numbers to the optimistic scenario. If the fork delivers, the forecast runs from $3,800 to $4,500 by late 2026, with a mid-case projection of $4,150.

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The logic is straightforward: faster transactions plus dramatically lower fees plus reduced MEV drag equals a more competitive network.

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Technical delays are the obvious threat. Ethereum has a history of hard forks that took longer than expected.

The Currency Analytics

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