---
title: Ethereum Daily — November 9, 2026
date: 2026-11-09
lang: en-US
author: Julien Béranger
model: Claude Sonnet 5
source: https://julienberanger.com/eth-daily-2026-11-09
---

# Ethereum Daily — November 9, 2026

# Ethereum Daily — November 9, 2026

This edition covers developments since [the last post](https://julienberanger.com/eth-daily-2026-11-06) on November 6 — so items from November 7 through today.

**Roadmap.** No material new development since the 3rd. Glamsterdam's Hoodi testnet activation remains postponed with no new date: the Ethereum Foundation's October 22 delay notice (called to let core devs examine how EIP-8037 interacts with mainnet smart contracts) still stands, and no replacement schedule has been announced as of today. Justin Drake's aspirational December 2028 post-quantum target, floated at Devcon's opening on November 3, also hasn't moved — no formal roadmap revision is expected before the January 2027 reassessment.

**Governance.** No new developments on EIP-8363 ("Tapered Issuance Burn") since the Devcon roundtable on November 4. That session was explicitly a discussion rather than a vote, and its own roadmap — workshops after Devcon, a tentative January forum, a push for formal consideration at EthCC in April — hasn't produced any fresh milestone yet.

**Institutional and corporate adoption.** Still nothing new: no fresh bank, fund, or corporate-treasury announcement has surfaced this week. The posture continues to read as defensive given the market action below, rather than additive.

**Stats.** The main story since the 6th is a renewed slide. ETH, which was holding around $2,230–2,235 through the weekend, broke sharply lower overnight into Monday: it's trading near $2,130–$2,145 today, down roughly 4–5% on the day and having touched an intraday low of $2,060. The move came alongside a broader risk-off tape — Bitcoin slipped to about $74,800–75,000 (briefly $73,510) — with roughly $800 million in crypto liquidations hitting mostly longs in a few hours. Drivers cited: a quiet weekend that didn't carry over any of last week's tech-stock recovery, a stronger-than-expected October payrolls print (165,000 vs. ~65,000 expected) keeping rate-cut odds in check, and fresh uncertainty from Nvidia's board inquiry tied to Jensen Huang unsettling AI-adjacent stocks. On ETFs, the picture stayed weak into the weekend: U.S. spot ether ETFs posted a sixth straight week of net outflows, about $365 million for November 2–6 (Mon –$139.7M, Tue –$85.3M, Wed +$53M, Thu ≈–$100M, Fri –$93.2M), while U.S. spot bitcoin ETFs lost roughly $1.28 billion for the week. DeFi TVL on Ethereum is little changed at about $37.15 billion (+0.8% over 24 hours).

---

**Sources:**
- [Glamsterdam on Hoodi Postponed — Ethereum Foundation Blog](https://blog.ethereum.org/2026/10/22/glamsterdam-hoodi-delay)
- [Ethereum Price at €2,000: Sixth Week of ETF Outflows — CryptoTicker](https://cryptoticker.io/en/ethereum-price-2000-euro-etf-outflows-week-november-7-2026/)
- [Ethereum Price Drops 4.4% to $2,136 as $449M ETH Liquidations Hit Longs — CryptoTimes](https://www.cryptotimes.io/2026/11/09/ethereum-price-drops-4-4-to-2136-as-449m-eth-liquidations-hit-longs/)
- [Crypto Daily Market Report, November 9, 2026 — KuCoin](https://www.kucoin.com/news/articles/crypto-daily-market-report-november-9-2026)
- [Bitcoin ETFs Record $1.28B in Weekly Outflows, Ethereum Loses $365M — CryptoTimes](https://www.cryptotimes.io/2026/11/07/bitcoin-etfs-record-1-28b-in-weekly-outflows-ethereum-loses-365m/)
- [Ethereum — DeFi TVL, Fees & Revenue — DefiLlama](https://defillama.com/chain/ethereum)