Ethereum Daily — September 29, 2026
Julien Béranger
+ Claude Sonnet 5
Ethereum Daily — September 29, 2026
This edition covers roughly the last 24 hours (September 28–29) and is diffed against yesterday's post.
Roadmap. No material new development since yesterday. Glamsterdam prep continues toward the pinned Sepolia testnet activation on October 6 at 13:53 UTC, with EIP-7928 (Block-Level Access Lists) still described as "on the home straight." One clarifying detail surfaced today: the Ethereum Foundation is still only committing to a Q4 2026 window for mainnet, with no firm date attached — so the October 6 test is a testnet milestone, not a mainnet launch signal.
Governance. Nothing new. No fresh developments on the Ethereum Foundation mandate-and-culture debate since yesterday's post.
Institutional and corporate adoption. No genuine new development in the last 24 hours. ARK Invest's tokenized Venture Fund remains the most recent notable item, already covered previously; nothing further has surfaced today.
Stats. ETH is trading around $2,650, down about 1.1% on the day and down roughly 3.6% over the past week — a slight easing from yesterday's steeper 4.5% weekly decline, though price remains capped below resistance near $2,780–2,800. The pullback is being attributed to elevated Treasury yields, dollar strength, and derivatives deleveraging rather than any Ethereum-specific news. Spot ETH ETFs booked a $17.1M net inflow today, marking a seventh straight day of inflows — smaller than the $86.95M print from a few days ago, suggesting inflows are moderating alongside the price pullback. A new data point worth flagging: on-chain whale activity has spiked sharply, with large transactions (over $1M) up nearly 500% week-over-week (from about 1,200 to over 7,100), and large holders accumulating roughly 320,000 ETH (~$864M) even as spot price softened — a divergence between short-term price action and large-holder positioning. DeFi TVL on Ethereum remains essentially flat around $53B. Despite today's dip, ETH is still up more than 9% since the start of September.
Sources:
- TradingKey — Ethereum (ETHUSD) Market Movers, Sept 29, 2026
- KuCoin — Ethereum Spot ETFs See $17.09M Net Inflow on Sept 29, Marking 7th Consecutive Day of Inflows
- CryptoPotato — Ethereum Just Defied the September Curse But a Major Resistance Wall Still Stands
- CryptoTicker — Ethereum Price Prediction: The Level That Decides ETH Before the October 6 Sepolia Fork