Galmsterdam Reduces Fees to Nearly Zero as ETH Challenges $2,400 Resistance Level

Ethereum is currently trading around $2,350 as the news regarding Glamsterdam begins to circulate rapidly. This upgrade is garnering significant interest, and its implications for fees could transform the experience of retail users on Ethereum’s L1.

Glamsterdam aims to increase the gas limit from the current 60 million to nearly 200 million, effectively more than tripling the execution capacity of layer-1. The upgrade relies significantly on EIP-8037, which raises the gas cost for state creation to mitigate permanent data bloat while simultaneously allowing for significantly cheaper standard transactions.

A fact that seems to be widely unknown: Ethereum’s gas limit will be raised to approximately 200M following Glamsterdam, a substantial increase from the existing 60M.
This represents a 3x+ increase in L1 execution capacity, with expectations of further doubling soon thereafter. Assuming no similar increase in…

— Hasu (@hasufl) May 2, 2026

A subsequent capacity doubling is reportedly scheduled shortly after the initial launch. This aims to achieve near-zero fees for users while maintaining the integrity of the protocol’s state management.

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Can Ethereum Price Surpass $2,400 Resistance This Week?

ETH is currently consolidating within a tight range. Data indicates the 24-hour range is between $2,250 and $2,350, with support at $2,270 and a significant resistance cluster at $2,400. Technical indicators being monitored are presently signaling a buy, indicating a mildly bullish tendency, but not a strong conviction.

ETH Buy Sell Indicators, TradingView

The moving average analysis presents a mixed picture. ETH is trading above its 10 and 20 EMAs, which is favorable for short-term momentum. However, it remains below the 100- and 200-day EMAs, situated around the $2,800 area.

If ETH manages to close above $2,400 on substantial volume, it could likely trigger EMA recapture and initiate a move towards $2,500+. Historical instances of ETH breaking resistance at similar levels have resulted in 10–15% follow-through movements within a two-week timeframe.

ETH USD, TradingView

Historical closing data reveals that ETH finishes higher on 50.5% of trading days, essentially reflecting a coin flip dressed in chart patterns.

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Forget the News, LiquidChain Offers What Ethereum Glamsterdam Does, and More

ETH at $2,350 indicates a recovery, yet it remains 50% below its all-time peak. Glamsterdam enhances the network’s fundamentals; however, it does not instantly revalue a $280 billion asset overnight. Traders who participated in the 2021 cycle understand that the disparity between a “significant upgrade” and a “profitable trade” can be considerable and costly.

This dynamic is steering a portion of crypto-native capital towards early-stage infrastructure projects where valuations have yet to align with the underlying thesis.

LiquidChain is one such project gaining attention. It positions itself as a Layer 3 infrastructure protocol that integrates Bitcoin, Ethereum, and Solana liquidity into a single execution environment within a unified liquidity layer, allowing developers to deploy once and access all three ecosystems simultaneously.

Low light…
Clear direction ⟁https://t.co/vqvBcdSQYC pic.twitter.com/1ZzWdMQgET

— LiquidChain (@getliquidchain) May 4, 2026

The presale has raised over $700K at a current token price of $0.01456 with a 1500% APY staking bonus. Key architectural features include Single-Step Execution, Verifiable Settlement, and a Deploy-Once design that alleviates multi-chain fragmentation issues.

As Ethereum price forecasts remain debated among analysts, cross-chain infrastructure that mitigates fragmentation presents a structural use case regardless of which L1 prevails in the next cycle.

Research LiquidChain here.

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