Ethereum Reclaims $3,000, Development Roadmap Accelerates with Hegota Upgrade Planned for Late 2026
Ethereum (ETH) is getting stronger again, trading above $3,000 and gaining 3.2% in the last 24 hours. The second-largest cryptocurrency by
Quick overview
- Ethereum is trading above $3,000, gaining 3.2% in the last 24 hours, supported by positive technical momentum and network development news.
- The Ethereum Foundation has announced an accelerated upgrade schedule, with the 'Hegota' update planned for late 2026 following the 'Glamsterdam' update in early 2026.
- Technical analysis indicates that Ethereum has broken key resistance levels, suggesting potential further upside with targets set at $3,200.
- If Ethereum fails to maintain support above $2,950, it could face a pullback towards lower support levels.
Ethereum ETH/USD is getting stronger again, trading above $3,000 and gaining 3.2% in the last 24 hours. The second-largest cryptocurrency by market capitalization is seeing both favorable technical momentum and good news about the network’s development path. Developers have disclosed plans for the “Hegota” update, which is set to happen in late 2026.
Ethereum Foundation Unveils Accelerated Upgrade Schedule
Ethereum’s core development team has changed its usual way of doing things and is now working on upgrades at a faster rate. Instead of bundling big enhancements into annual releases, they want to ship network modifications more often. This plan comes after developers were criticized by community members earlier this year for not keeping up with the network’s rapid expansion in protocol development.
The Hegota improvement will come after “Glamsterdam,” which is set to be out in the first half of 2026. “Hegota” is a combination of “Bogota” (execution layer) and “Heze” (consensus layer) based on Ethereum’s naming practice that blends Devcon host cities with star names. In early January, developers should finish figuring out everything Glamsterdam will be able to do. Starting in February, they should start announcing important features for Hegota.
Some people think that Hegota might use Verkle Trees, which are a new type of data structure that makes it easier for Ethereum nodes to store and check vast volumes of data. If this technique were used, it might greatly cut down on the hardware requirements for node operators. This could make the network more decentralized by making it easier for people to run nodes.
ETH/USD Technical Analysis Points to Further Upside Potential
From a technical point of view, Ethereum has started to rebound after staying above the important $2,880 pivot mark. The cryptocurrency has broken through the $2,920 resistance zone and the 100-hourly Simple Moving Average, setting up a bullish trend line with support at $2,930.
The current price movement shows that ETH has moved over the 50% Fibonacci retracement level of the drop from the $3,075 swing high to the $2,888 low. The $3,000 level is the first level of resistance, which is also the 61.8% Fibonacci retracement level.
The hourly MACD indicator is moving up in the bullish zone, while the RSI has climbed above the neutral 50 mark. Both of these things point to strong momentum in the near future. If bulls can hold support at $2,950, the way may be clear for more advances.
Ethereum Price Targets: Bulls Eye $3,200, Bears Watch $2,880
The first important level of resistance is $3,030, and the next one is $3,050. If Ethereum breaks above $3,050, it might quickly rise to $3,120, with $3,200 and maybe even $3,220 as its next goals.
But if it doesn’t break over the $3,000 resistance, it could pull back. The initial level of support on the downside is $2,950, and the first big level of support is $2,920. If prices drop below this level, they might go down to $2,880, with more support levels at $2,800 and $2,720.
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