Ethereum is currently trading near the $2,350 levels, coinciding with the news of the Glamsterdam update spreading to widespread interest. The fee-related changes in this update are expected to reshape the retail user experience on the first layer (L1) of the Ethereum network.
Glamsterdam aims to increase the gas limit from 60 million currently to almost 200 million, which would mean more than tripling its Tier 1 execution capacity. The update is primarily based on the EIP-8037 enhancement proposal, which increases the cost of state creation to reduce persistent data congestion, while paving the way for much cheaper standard transactions.
One fact I feel like almost no one knows: Ethereum’s gas limit will be increased to ~200 million after Glamsterdam, a huge increase from the 60 million we have today.
This represents a 3x+ execution capacity of L1, with the hope of doubling again shortly after. Assuming there is no similar increase in…—Hasu
(@hasufl) May 2, 2026
Reports indicate that there are plans to double capacity again shortly after the initial launch, with the aim of achieving near-zero fees for users, without causing the protocol’s case management system to collapse.
Will Ethereum Price Break $2,400 Resistance This Week?
ETH is currently going through a consolidation phase in a tight range as data shows that the price ranged between $2,250 and $2,350 in 24 hours. Support stands at $2,270, while the crucial resistance zone emerges at $2,400. Currently followed technical indicators indicate a “buy” signal, which reflects a slight bullish bias, but it does not yet reach the strong confirmation level.
The moving average picture appears split; ETH is trading above the 10-day and 20-day exponential moving averages (EMA), which is positive for near-term momentum. However, the price remains below the 100 and 200 day moving averages, centered around the $2,800 area.
If ETH manages to close above the $2,400 level with heavy trading volume, this will likely reclaim the moving averages and pave the way towards the $2,500 levels and above. Historically, similar resistance breaks on Ethereum have resulted in complementary moves of 10% to 15% in two weeks.
Historical closing data shows ETH ending higher 50.5% of days, making it a bit of a coin toss presented in a chart pattern.
Beyond the News: LiquidChain Delivers What the Glamsterdam Update Promises and Much More
Although ETH price reaching $2,350 represents a recovery, it remains 50% below its all-time highs. Although the Glamsterdam upgrade improves the fundamentals of the network, it does not revalue a $280 billion asset overnight. Traders who have lived through the 2021 cycle realize that the gap between a “good upgrade” and a “bargain” can be wide and costly.
This dynamic is pushing some crypto capital towards early-stage infrastructure projects, where the valuation has not yet caught up with the underlying principle of the project.
LiquidChain is one of the projects gaining attention, as it presents itself as a layer 3 infrastructure protocol that integrates the liquidity of Bitcoin, Ethereum and Solana into a single execution environment. This unified liquidity layer aims to allow developers to deploy once and access all three systems simultaneously.
Low light…
Clear direction⟁ pic.twitter.com/1ZzWdMQgET – LiquidChain (@getliquidchain) May 4, 2026
The project’s presale raised over $700,000 at the current token price of $0.01456, with a staking reward of up to 1,500% per year. Key architectural features include single-step execution, verifiable settlement, and a “single deployment” design that eliminates the complexities of dispersing liquidity across multiple chains.
While Ethereum price predictions remain a point of contention among analysts, the cross-chain infrastructure that solves the dispersion problem holds structural use value, regardless of which network comes out on top next.
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