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Ahmed Barakat
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Ethereum is trading near $2,350 as the Glamsterdam news update started to spread like wildfire. The upgrade is attracting huge attention, and the fee implications could reshape how retail users experience Ethereum’s L1.
Glamsterdam targets increasing the gas limit from 60 million today to almost 200 million, more than tripling layer-1 execution capacity. The upgrade leans heavily on EIP-8037, which raises the gas cost for state creation to contain permanent data bloat while simultaneously creating headroom for dramatically cheaper standard transactions.
A secondary capacity doubling is reportedly planned shortly after the initial rollout. It aims for near-zero fees for users, without collapsing the protocol’s state management.
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Can Ethereum Price Break $2,400 Resistance This Week?
ETH is consolidating in a narrow band. Data places the 24-hour range between $2,250 and $2,350, with support at $2,270 and the critical resistance cluster sitting at $2,400. Tracked technical indicators are currently signaling buy, a mildly bullish lean, not a conviction call.
The moving average picture is split. ETH trades above its 10 and 20 EMAs, which is constructive for near-term momentum. But it remains below the 100- and 200-day EMAs, around $2,800 zone.
If ETH can close above $2,400 on meaningful volume, it would likely trigger EMA recapture and open a run toward $2,500+. Historical ETH resistance breaks at comparable levels have produced 10–15% follow-through moves within two weeks.
Historical close data shows ETH finishes higher on 50.5% of trading days, essentially a coin flip dressed up in chart patterns.
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Forget the News, LiquidChain Offers That Ethereum Glamsterdam Does, and More
ETH at $2,350 is a recovery, but it’s also 50% below its all-time high. Glamsterdam improves the network’s fundamentals; it doesn’t automatically reprice a $280 billion asset overnight. Traders who rode the 2021 cycle know the gap between “great upgrade” and “great trade” can be wide and expensive.
That dynamic is pushing a segment of crypto-native capital toward early-stage infrastructure plays where valuation hasn’t caught up to the thesis yet.
LiquidChain is one project drawing attention. It positions itself as a Layer 3 infrastructure protocol that fuses Bitcoin, Ethereum, and Solana liquidity into a single execution environment in a unified liquidity layer where developers deploy once and access all three ecosystems simultaneously.
The presale has raised north of $700K at a current token price of $0.01456 with a 1500% APY staking bonus. Key architecture features include Single-Step Execution, Verifiable Settlement, and a Deploy-Once design that eliminates multi-chain fragmentation headaches.
As Ethereum price predictions remain contested across analysts, cross-chain infrastructure that abstracts away fragmentation carries a structural use case regardless of which L1 wins the next cycle.
Research LiquidChain here.
