DeFi Intel

Ethereum Price Eyes $1,900 Retest as Glamsterdam Upgrade Testing Advances

Ethereum's price is approaching $1,900 as traders watch for a potential retest. The Ethereum Foundation is testing the Glamsterdam upgrade on the Plataberget testnet, with a fork scheduled for August 20 that may affect gas pricing, block production, and smart contract limits. Stablecoin transfers on Ethereum have surpassed $70 trillion, indicating strong on-chain activity.

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