U.S. spot Ether ETFs lost a net $118 million in the week to Oct. 2, after taking in about $689.8 million the week before. The selling shrank as the week went on, and with ETH stuck under $2,800, Glamsterdam's Oct. 6 Sepolia activation is the dated event to watch.
Reality
- Evidence62
- Adoption45
- Hype gap+15
- Incentives
- Insufficient
- Confidence58
Base's Cobalt upgrade went live on September 30 with Validity Transactions, swaps the chain holds privately until set conditions are met. It continues the push toward trading and tokenized assets that Base began in July with its B20 issuer standard.
Perspective Coverage
3 publishers
- Builder
- Builder 35%
- Operator
- Operator 20%
- Investor
- Investor 45%
Reality
- Evidence70
- Adoption20
- Hype gap+15
- Incentives55
- Confidence65
Ethereum will activate Glamsterdam, likely its largest fork since the Merge according to a core developer, on the Sepolia testnet on Oct. 6. It reprices gas and lays groundwork for higher layer-1 gas limits, with no date yet for the Hoodi testnet or mainnet.
Reality
- Evidence60
- Adoption10
- Hype gap+20
- Incentives40
- Confidence62
Talks to reconcile Base's EIP-8130 with Ethereum's EIP-8141 broke down last week. Both chains will now ship their own native smart accounts. Derek Chiang, who co-authored Ethereum's proposal, says wallets carry the burden.
Reality
- Evidence58
- Adoption24
- Hype gap+12
- Incentives62
- Confidence66
The Flashblocks cadence and the canonical block time are different numbers, and Base's cheaper-AA figure is measured on one operation on a network built to be thrown away. ERC-8403 moves account recovery into public state.
Reality
- Evidence45
- Adoption34
- Hype gap+33
- Incentives72
- Confidence52
L2 pushback on EIP-8141 Frame Transactions keeps native AA out of Hegota's headliner slot for now, and the Ethereum Foundation has dropped its Poseidon hash for standard ones.
Reality
- Evidence42
- Adoption48
- Hype gap−12
- Incentives68
- Confidence45