Ethereum

24h change: +2.27%. From $2,033.04 to $2,079.22.

• Developers postponed the Glamsterdam hard fork on the Hoodi testnet after ChainSecurity and others identified projects that could be vulnerable post-upgrade. The changes center on EIP-8037 and EIP-8038 related to state and gas rules that some deployed contracts assume. Outreach to affected teams is underway ahead of further All Core Devs discussion on possible specification adjustments. The pause reflects Ethereum's focus on security and compatibility while advancing scaling features like enshrined proposer-builder separation.
• A wallet linked to the Ethereum Foundation sold 1,000 ETH on November 10 and another 1,000 ETH on November 11 via CoW Protocol for roughly $4 million total. This follows a two-week pause and occurs while ETH has fallen more than 10 percent in the past week. An 11-year-old launch-era wallet also moved 2,155 ETH, adding to on-chain attention. Staking exit queues remain low, indicating many holders are not rushing to sell despite the moves.
• U.S. spot Ethereum ETFs recorded only $1.3 million in net outflows on November 10, a sharp drop from $184 million or higher in recent sessions. BlackRock's primary ETH ETF saw no net flow after prior large withdrawals. ETH still declined amid hotter-than-expected U.S. inflation data and leveraged liquidations exceeding $250 million. The easing in institutional selling has not yet translated into a price recovery.

24h change: -5.05%. From $2,136.48 to $2,028.64.

• Vitalik Buterin stated that ETH should be valued primarily as a store of value derived from Ethereum's decentralization, censorship resistance, security and stability. He noted that the fee burn from EIP-1559 has not offset new issuance in recent years due to activity shifting to layer 2 networks and argued that optimizing solely for higher burns could harm the network by encouraging congestion. The comments represent a shift from earlier ultrasound money narratives and have been referenced by institutional players accumulating ETH. This perspective highlights what users value in the network over the long term.
• The Ethereum Foundation postponed the Hoodi testnet fork for Glamsterdam after auditors found that EIP-8037 and EIP-8038 gas repricing for state creation and access could break invariants relied on by existing deployed contracts. Two rival proposals have emerged to mitigate the impact, one preserving legacy pricing for older contracts and another using separate accounting. The delay pushes the mainnet timeline, previously eyed for late 2026, likely into 2027 while developers triage affected projects and evaluate specification changes. The upgrade aims to enable significantly larger blocks through enshrined proposer-builder separation and other scaling improvements.
• Bitmine added roughly $20 million of ETH in its latest weekly purchase, bringing holdings to approximately 6.07 million ETH or nearly 5 percent of circulating supply. Chairman Tom Lee cited Vitalik Buterin's recent store of value comments as validation for the accumulation strategy. The company's total crypto and related investments stand near $14.3 billion with a large portion of its ETH staked. This institutional buying continues even as ETH has faced downward price pressure in recent weeks.

24h change: -4.29%. From $2,239.99 to $2,143.92.

• The Ethereum Foundation postponed activation of the Glamsterdam upgrade on the Hoodi testnet after auditors found that proposed gas repricing could disrupt roughly 200,000 smart contracts. Competing proposals were submitted to resolve broken invariants around failed calls and gas limits without requiring widespread code changes. The upgrade targets L1 scaling through enshrined proposer-builder separation, block-level access lists for parallel execution, and a higher gas limit up to 200 million. Work on the follow-on Hegota upgrade continues in parallel while these issues are addressed.
• Ethereum mainnet averaged 2.16 million daily transactions in 2026, up 54 percent year-over-year, with stablecoin transfer volume reaching $25.8 trillion. Median fees dropped from 35 cents to 3.5 cents, driving an approximately 58 percent decline in total fee revenue. Burns no longer fully offset issuance, resulting in net supply growth of roughly 0.7 percent year-to-date. Layer 2 networks processed far higher volumes, highlighting Ethereum's role as a settlement layer.
• Vitalik Buterin stated that valuing ETH primarily as a fee-burning token was never as strong as it appeared and that maximizing burns could harm decentralization. He argued the network should emphasize censorship resistance, privacy, security, and stability, which matter more for a store of value especially in an AI-driven future. Buterin supported keeping EIP-1559 and its burn mechanism but said the community should not be concerned if burns remain below 10 percent of breakeven levels indefinitely. ETH's value instead comes from surviving long-term and protecting user assets.

24h change: +0.17%. From $2,234.83 to $2,238.63.

• Security firm ChainSecurity found that EIP-8037 and EIP-8038, which change how gas is charged for operations and state creation, could break certain assumptions in deployed contracts. This led core developers to delay the Hoodi testnet fork originally scheduled for late October 2026. The upgrade aims to enable higher gas limits, enshrined proposer-builder separation, and parallel transaction execution for better Layer 1 scaling. Ethereum Foundation is coordinating audits and asking projects to verify compatibility before setting a new timeline. Work on the following Hegotá upgrade continues unaffected.
• Glamsterdam is one step in a longer sequence of roughly seven hard forks mapped toward a more efficient protocol by the end of the decade. It focuses on execution capacity and state costs while later upgrades like Hegotá introduce frame transactions and stronger inclusion list mechanisms. Researchers and the Ethereum Foundation continue parallel work on post-quantum readiness and other improvements. Delays on individual testnets do not halt overall progress.
• As of November 8 2026, ETH trades near $2,233 after declining about 0.6 percent in the last 24 hours, 1.5 percent over the past week, and more than 10 percent in the last 30 days. Market capitalization stands at approximately $273 billion with daily volume around $4 billion. Derivatives data shows mixed trader positioning amid broader market conditions and attention on the upgrade timeline.

24h change: +0.25%. From $2,228.05 to $2,233.63.

• Ethereum core developers have delayed the Glamsterdam hard fork on the Hoodi testnet. Security firm ChainSecurity identified eight smart contract invariants that could break under new gas accounting rules from EIP-8037 and EIP-8038. The Ethereum Foundation published a call for developers, auditors, and projects to test their contracts against the updated invariants and report issues to . Work on the following Hegotá upgrade continues in parallel while the ecosystem prioritizes compatibility and security before raising execution capacity.
• The Bank of Russia has approved Ethereum, Bitcoin, and USDT for retail investors with a 300,000-ruble annual limit. Licensed exchanges can list these assets starting November 17, 2026. The Moscow Exchange plans to launch trading on December 1. This marks a significant step in Russia’s regulated crypto framework and could increase accessible on-ramps for ETH.
• Ethereum researcher Justin Drake outlined a target of December 2028 to complete the network’s full post-quantum and post-AI transition. This is one year earlier than the Ethereum Foundation’s prior December 2029 goal. The accelerated timeline would require three additional network upgrades in the next 24 months. Developers continue parallel research on quantum-resistant cryptography across execution, consensus, and data layers.