Ethereum Upgrade May Not Spark Immediate Price Rise

The Ethereum upgrade, Glamsterdam, is scheduled for Q3 of 2026 and will focus on improving transaction processing speed, capacity, and efficiency. However, this may not have an immediate impact on the altcoin's price.

Despite attracting institutional buyers, market-wide selling has not eased significantly yet. Analysts point to rising stablecoin net inflows to Binance, which could supercharge an Ethereum recovery when investors finally enter the market with sizeable capital.

The Coinbase Premium Index has been falling in recent weeks, suggesting that U.S-based investors may not be willing to bet on a price recovery yet. This sets up conditions for sharp price volatility in either direction, and another sell-off might be necessary before smart money enters the market.