Ethereum price weighs Glamsterdam testnet delay against weak market
Published on 11/09/2026 at 13:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSUpgrade pause meets market pressure
- Ethereum developers have delayed the Glamsterdam upgrade on the Hoodi testnet after eight smart contract assumptions were identified for review.
- Ether was displayed at 2,133.46 USD on Investing.com on November 9, with a market capitalization of 271.68 billion USD.
- The delay affects a testnet milestone, while work on the later Hegota upgrade continues in parallel.
The Ethereum price is being watched as developers review compatibility risks in the next major protocol upgrade. On November 9, Investing.com displayed Ether at 2,133.46 USD at 22:57:11 Berlin time. The page also showed a market capitalization of 271.68 billion USD, 24-hour volume of 3.38 billion USD and a circulating supply of 122.20 million ETH.
The immediate network development is a delay to the Glamsterdam hard fork on the Hoodi testnet. In a November 6 post, the Ethereum Foundation said ChainSecurity had found projects that could become vulnerable after the upgrade because they rely on invariants that EIP-8037 and EIP-8038 would change.
Why Hoodi testing is on hold
The two proposals would revise how Ethereum charges gas for certain operations and for blockchain state. The Foundation said All Core Developers therefore decided not to fork Hoodi until the issues are resolved. It is asking contract developers and auditors to examine eight identified invariants and report affected projects or possible specification changes.
The review is focused on compatibility rather than a live network outage. A report by crypto.news said some contracts depend on fixed gas costs or assumptions about the amount of gas remaining after a failed operation. Under the proposed rules, those assumptions could produce unexpected behavior in certain applications.
What the delay means for investors
The Ethereum price is not directly reset by a postponed testnet fork, but the decision removes a near-term upgrade milestone and leaves the timing of the next Hoodi step open. Crypto.news reported that no replacement activation date had been announced. That makes further testing, remediation and developer guidance more relevant milestones than a fixed deployment calendar.
The pause does not stop all Ethereum development. The Foundation said work on the subsequent Hegota upgrade is continuing in parallel. For investors, the distinction matters: the confirmed development is a protocol-testing delay prompted by identified compatibility concerns, not evidence in the reviewed sources of a mainnet failure. Investing.com ranked Ethereum second on its displayed cryptocurrency list and showed a 52-week range of 1,507.60 to 3,657.37 USD.
Further information and related coverage are available on the Ethereum topic page.
