Ethereum Daily — September 24, 2026
Julien Béranger
+ Claude Sonnet 5
Ethereum Daily — September 24, 2026
This is the first post in this daily series, so there's no prior edition to diff against — today's edition sets the baseline. It covers roughly the last 24-48 hours, with fresh stats as of today.
Roadmap. No new milestone landed in the last 24-48 hours; the roadmap is holding at where it stood a few days ago. Devnet-11 completed its Gloas transition on September 16 and raised the gas limit from 60M to 200M while holding finality, which let developers lock in October 6 as the target date for Glamsterdam's public launch on the Sepolia testnet. Developers have also flagged a builder-abuse risk specific to that public testnet: because test ETH is cheap, bad actors could spin up many builders under ePBS, win block auctions, and then withhold delivery to disrupt the network — a testnet-specific concern rather than a mainnet security issue. Watch for Sepolia activation news around October 6.
Governance. No major new development since yesterday. The Ethereum Foundation's internal debate over its mandate and role — sparked by its March "Mandate" reframing and a string of leadership departures earlier this year — is still simmering in the background, but nothing fresh broke in the last day.
Institutional and corporate adoption. Two items worth flagging from the past two days. On September 22, BitMine added 27,562 ETH (~$75.6M) to its treasury, pushing its total holdings to roughly 5.98 million ETH — about 4.9% of ETH's total supply and close to its stated 5% target, with most of that stake actively earning staking yield. Separately, on September 23 the CFTC opened a review of nearly one million trades on Kalshi's Ethereum perpetual futures market dating back to August, after regulators noticed over a third of the volume (more than $5B) clustered around identical $5,500 order sizes. It reads as routine derivatives-market oversight rather than a red flag specific to ETH.
Stats. ETH is trading around $2,640-2,660 as of today, modestly higher over 24 hours even as the broader crypto market pulled back sharply (total market cap down roughly 6.6% in a day). Daily technicals still look constructive — price above its 20/50/200-day EMAs with a healthy RSI near 59 — but shorter timeframes are oversold after the pullback. ETF flows cooled fast: net inflows ran hot at $270M on September 21 and $162M on September 22, then collapsed to just $2.5M on September 23, per Farside's tracker. On-chain DEX activity on Ethereum has softened over the same window as trading cooled.
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