Glamsterdam Fork Could Push Ethereum to $4,500 Amidst $33M Bitcoin Hyper Presale
Ethereum's highly anticipated Glamsterdam hard fork is scheduled to launch by late August, and if successful, it could significantly enhance the network's scalability and efficiency.
The Glamsterdam fork introduces three major changes: parallel execution via EIP-7928 targeting 10,000 TPS, cuts Layer-1 gas fees by roughly 78.6% through EIP-7904, and reduces MEV extraction by up to 70% with EIP-7732's Enshrined Proposer-Builder Separation.
If the fork delivers, Google Gemini AI predicts a price target of $4,150 by late 2026, with a mid-case projection of $4,500. However, technical delays are a significant risk, and if the fork is pushed past Q4 2026, sentiment could flip fast.
Bitcoin Hyper, a separate project, has raised over $33 million in its presale, aiming to build an execution environment around Bitcoin using the Solana Virtual Machine. This development could influence market dynamics and investor sentiment towards Ethereum amidst these changes.