Ethereum Tests 200 Million Gas Limit On Sepolia As Glamsterdam Moves Forward
TL;DR: Ethereum’s Sepolia testnet is testing a 200 million block gas limit as part of work around the Glamsterdam upgrade. The experiment is...
Evening market briefing
Ethereum’s risk tape weakened into the close, while bank liquidity talks, ETF flows and stablecoin credit work kept institutional plumbing in focus.
TL;DR: Ethereum’s Sepolia testnet is testing a 200 million block gas limit as part of work around the Glamsterdam upgrade. The experiment is...
Executive scan
Today in crypto was led by market-structure signals rather than a single headline. Ethereum fell 6% toward $2,500, putting about $1.35 billion of leveraged long exposure at greater liquidation risk, while Sepolia testing of a 200 million gas limit kept the Glamsterdam upgrade cycle in view. Bitcoin coverage centred on a negative Coinbase premium gap, with Crypto Briefing citing a $64 US discount.
Institutional and policy-adjacent stories kept stacking up. Wells Fargo was reportedly in talks with Kraken parent Payward over crypto trading liquidity, and the US government moved more than $560 million in seized FTX-linked crypto to Coinbase Prime. Stablecoins drew attention after Moody’s assigned Sky Protocol a B3 rating with a stable outlook, its first stablecoin protocol rating. XRP ETF assets were reported near $1.7 billion, though last week’s inflows were only $4 million.
Market read
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Main signals
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TL;DR: Cardano’s CIP-0113 programmable token standard is now live on mainnet. It gives issuers the ability to build controls such...
Market watch
Market attention clustered around ETH leverage, Bitcoin’s US discount, ETF flows and fresh institutional trading infrastructure reports.
Policy and risk
Risk coverage focused on seized-asset transfers, stablecoin credit scrutiny and compliance tooling moving directly into token standards.
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