Ethereum is about to undergo its biggest technical upgrade since changing its validation system in 2022. The upgrade is called Glamsterdam, is scheduled for June of this year, and involves changes to the basic structure of how the network processes transactions. For those who don't follow the day-to-day operations, it's like changing a car's engine while it's still moving, without stopping traffic.
What changes in practice is significant. The network's capacity should jump to around 10,000 transactions per second, the level that Solana operates at today. Transaction fees should drop by about 78%. And the process of assembling blocks will take place within the protocol, reducing dependence on external infrastructure and making the network less vulnerable to transaction order manipulation. What is striking is not just the upgrade itself. It's the pattern that repeats itself. Before the last three major Ethereum upgrades, the market anticipated a 35% bullish move before the 2022 Merge, 40% before the 2023 Shanghai Merge, and 60% before the 2024 Dencun Merge. Yesterday, the Ethereum Foundation itself staked $46 million. Who knows the calendar better than they do?
