Ethereum Sees Minor Dip Amid Key Developments and Staking Activity
Ethereum (ETH) is currently trading at $2,713.34, marking a slight decrease of 0.09% over the past 24 hours. The cryptocurrency opened at $2,715.75 and reached a high of $2,729.25, with a trading volume of 230.40 million over the same period.
In recent news, Bullish, a digital asset platform, released its September 2026 monthly metrics. Additionally, BitGo and HashKey Group have signed a strategic partnership agreement. Meanwhile, Tom Lee's Bitmine has slowed its Ether buying for the second consecutive week, adding 15,112 ETH to its holdings.
Ethereum's Glamsterdam test received a last-minute software update ahead of a major capacity increase. The update aims to raise the amount of work each block can hold to 200 million gas. Separately, on-chain analyst Aunt Ai reported that GMGN transferred 11,999.5 ETH, valued at approximately $23 million, to a Coinbase Batch Staking address for staking.
Ethereum has seen a 0.28% gain today, reaching its highest level since September 22, 2026, when it traded at $2,748.68. This marks the largest percentage increase since October 4, 2026, when it gained 0.72%.