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Why traders could eye sub-$1,300 Ethereum targets if Bitcoin slumps below $60,000
The Glamsterdam Ethereum [ETH] upgrade is set to be rolled out in Q3 of 2026. The upgrade’s focus will be on processing transactions and allowing the handling of multiple transactions simultaneously, while also updating the fee rules to support higher network capacity.
Improved speed, capacity, and efficiency will be a great outcome for one of the largest Layer-1 networks in crypto. However, it might also have very little immediate impact on the altcoin’s price.
Despite Ethereum being able to attract institutional buyers, the market-wide selling has not eased significantly yet.
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