Ethereum’s Glamsterdam upgrade launches on Sepolia testnet

Key Takeaways

• The Glamsterdam upgrade has launched on the Sepolia testnet, marking one of the final major rehearsals before its mainnet activation.
• The upgrade aims to bring more efficiency and scalability to the Ethereum mainnet with enshrined proposer-builder separation, block-level access lists, and changes to gas pricing.

Market & Token Impact

• The launch of the Glamsterdam upgrade on the Sepolia testnet is expected to have a positive impact on the Ethereum market, with potential increases in trading volume and prices.
• The upgrade's focus on scalability and efficiency may also attract institutional investors and improve the overall reputation of the Ethereum network.

Broader Context & What's Next

• The Glamsterdam upgrade is the next major upgrade after Fusaka, designed to improve scalability, harden the layer-1, and make the network easier to use.
• Following the testnet launch, developers will determine the final activation date of the upgrade on the Hoodi testnet, before determining the final date of its mainnet launch.
• The Ethereum Foundation has established a 200 million gas limit floor for the upgrade, giving the network a major post-upgrade speed boost.
• Following the mainnet activation, Ethereum developers will begin implementing Hegotá as the next major upgrade, with several proposals aimed at bringing more privacy capabilities into the protocol.