The Ethereum network is preparing to slash its finality time from an average of 12.8 seconds to around 150 milliseconds. Developers have scheduled the activation of the Glamsterdam upgrade on the Sepolia testnet for Oct. 6 at exactly 13:53:36 UTC. The 150-millisecond figure serves as a test benchmark to gauge network resilience before being rolled out to the public.
Glamsterdam brings together the Amsterdam execution layer and the Gloas consensus layer. This combined codebase introduces architectural overhauls, including the implementation of standard proposer-builder separation (enshrined proposer-builder separation). Developers have also included block-level access lists alongside adjustments to gas fee pricing rules.
To reduce finality times, the upgrade introduces Votor - a mechanism serving as the initial phase of the Alpenglow model. The new system scraps the legacy method requiring voting transactions for validators, replacing it with a direct communication channel between validators. This fast path requires one key condition: the first round of voting must gather at least 80% of the network’s total stake.
To date, developers have not set a firm date for Glamsterdam’s mainnet rollout. The official Ethereum roadmap only lists the fourth quarter of 2026 as a mainnet target, and even this timeline remains unconfirmed.
Capital Flows and Price Target Revisions
Between Sept. 28 and Oct. 2, Ether ETF products logged $118 million in capital outflows. This withdrawal marked a sharp reversal from the previous week, when the same instruments drew $689.8 million in inflows.
Volume imbalances were also visible on public exchanges. CryptoQuant analyst R3N reported 129,700 ETH leaving crypto exchanges, compared to 116,700 ETH entering. This marks the first clear divergence after weeks of balanced inflow and outflow volumes.
In the spot market, ETH traded around $2,695. CoinGecko data shows the asset previously posted gains of 32.6% in August and 8.8% in September.
3x Leveraged Products Secure SEC Approval
Amid shifting capital flows, the lineup of Ethereum-based investment vehicles expanded. The U.S. Securities and Exchange Commission (SEC) approved an operational rule change for the Cboe BZX exchange on Oct. 2. The approval clears the way for listing a 3x leveraged (leverage) futures-based Ether ETF, on par with similar products for Bitcoin, gold, silver, and oil.
The arrival of new investment products prompted traditional banks to adjust their projections. Citi raised its 12-month ETH price target from $2,240 to $3,028 on Oct. 1. The bank cited heightened crypto market activity and ETF demand as reasons for the revision.
Market analyst Ali Martinez highlighted long-term price action patterns, noting that Ethereum continues to trade within a monthly ascending channel formed over more than five years. The upper boundary of this channel sits near the $5,000 level. The test on Sepolia this week will help determine whether the network’s technical foundation is solid enough to pursue that milestone. Sourced from crypto.news.
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Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
