Ethereum Price Could Get a Boost from Upcoming Upgrade

Ethereum's price has been struggling since the beginning of 2026, falling by 57% from its all-time high of $4,946. However, the upcoming Glamsterdam upgrade could be a turning point for the cryptocurrency.

The Glamsterdam upgrade is expected to launch in June 2026 and will bring significant changes to the Ethereum network. Gas fees are set to decrease by 78.6%, while throughput is expected to increase to 10,000 transactions per second.

Analysts are optimistic about the potential impact of the upgrade on Ethereum's price. Citigroup predicts that Ethereum could reach $3,175, while Standard Chartered has raised its year-end forecast to $7,500. However, both predictions rely on the assumption that the Glamsterdam upgrade launches on schedule and ETF inflows remain positive.