Ethereum Dencun upgrade could go live on mainnet as early as March 2024

Source Fxstreet
  • Ethereum developers discussed the Dencun upgrade’s activation on the Goerli testnet in their All Core Developers Execution Call. 
  • Developers confirmed the timeline for the Dencun upgrade’s rollout on Sepolia and Holesky testnets. 
  • Ethereum Dencun upgrade is likely to see its mainnet release in March, despite a lack of Layer 2 readiness. 

Ethereum core developers are committed to the Dencun upgrade’s testnet timelines. Despite the issues that arose on the Goerli testnet, the timeline has remained unchanged for Sepolia and Holesky testnet release of the upgrade. 

Core developers picked 30 January for Sepolia and 7 February for Holesky rollout of the Dencun upgrade. 

Also read: Lido DAO Community Staking Module to make mainnet debut in the second half of 2024

Ethereum developers set fixed timelines for Dencun upgrade

Ethereum developers stayed committed to the Dencun testnet timeline, according to the All Core Developers Execution call number 179. The timeline for testing remains unchanged and Galaxy Digital’s Christine Kim believes the likelihood of mainnet activation for the upgrade by the end of March is now 60%. 

Layer 2 chains are not currently ready for the upgrade, however, developers are moving ahead with the testnet releases in the next three weeks. It is likely that Dencun goes live on mainnet as early as February if the upgrades on Sepolia and Holesky do not encounter issues. 

Developers are likely to run additional tests and Layer 2 chains may want to perform client releases on Sepolia and Holesky before the mainnet upgrade. If this occurs, then the likelihood of mainnet release in February is limited to 30%.  

The implementation of EIP-4844 is expected to boost the features of Ethereum and drive adoption of the chain.

ETH

Expected Impacts of EIP 4844. Source: Galaxy Research

If major bugs are discovered in either of the two testnets, Dencun’s arrival on the mainnet could be delayed from March to April. 

Key dates to watch out for are January 30 and February 7, dates for the Sepolia and Holesky forks.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
China's factories are pricing in 5.7%. Its shoppers are pricing in 0.7%.China's October PPI rose 5.7% year on year, the fastest since June 2022, while CPI slowed to 0.7% and core CPI to 0.8%. Input prices rose faster than factory-gate prices, squeezing mid-stream margins by roughly five percentage points. The Hang Seng fell 0.13% on a day the S&P 500 rose 2.35%, the only major market to sit out the risk-on session.
Author  Irene Q.
Nov 10, Tue
China's October PPI rose 5.7% year on year, the fastest since June 2022, while CPI slowed to 0.7% and core CPI to 0.8%. Input prices rose faster than factory-gate prices, squeezing mid-stream margins by roughly five percentage points. The Hang Seng fell 0.13% on a day the S&P 500 rose 2.35%, the only major market to sit out the risk-on session.
placeholder
Gold Price Analysis Today | Forex Gold Analysis | XAU/USD Analysis - November 11, 2026Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 11, 2026. Read on for the details.
Author  Mitrade
Nov 11, Wed
Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 11, 2026. Read on for the details.
placeholder
Bitcoin lost its 200-day average — but the exit started three sessions before the CPIBitcoin fell 2.5% to about $73,400 on 11 November, an 11-week low, breaking its 200-day moving average near $73,100. The 24-hour liquidation tally reached $632 to $705 million, roughly 82% of it longs. But spot ETF outflows began three sessions earlier and USDT's market cap has shrunk $6.6 billion in 60 days — the leveraged length left before the inflation print did. A double top at 81,890 and 81,080 leaves a measured target of 69,366.
Author  Suzie
Nov 11, Wed
Bitcoin fell 2.5% to about $73,400 on 11 November, an 11-week low, breaking its 200-day moving average near $73,100. The 24-hour liquidation tally reached $632 to $705 million, roughly 82% of it longs. But spot ETF outflows began three sessions earlier and USDT's market cap has shrunk $6.6 billion in 60 days — the leveraged length left before the inflation print did. A double top at 81,890 and 81,080 leaves a measured target of 69,366.
placeholder
Gold Extends Slide Below $4,000 as Rising US Inflation, Fed December Hike Bets Pressure Prices On November 12, gold prices (XAUUSD) extended their recent losses, falling further below $4,000 in early Asian trading to hit an intraday low near $3,968, marking a third consecutive day
Author  TradingKey
Yesterday 02: 00
On November 12, gold prices (XAUUSD) extended their recent losses, falling further below $4,000 in early Asian trading to hit an intraday low near $3,968, marking a third consecutive day
placeholder
Gold closed below $4,000 again — the ETF crowd and central banks stayed, the momentum money leftSpot gold is trading near $3,999, its third consecutive lower daily low, after a 5.00% 10-year yield and a 102.85 dollar index raised the odds of a December hike to 87%. But the selling is not coming from the strategic holders: managed-money net longs fell to 324 tonnes, a 21-week low, and Goldman Sachs attributes roughly 95% of five weeks of selling to non-reportable positions. ETFs still hold a record 4,256 tonnes and central banks bought 321 tonnes in Q3. The table below sets the triggers, directions and levels.
Author  Irene Q.
Yesterday 03: 20
Spot gold is trading near $3,999, its third consecutive lower daily low, after a 5.00% 10-year yield and a 102.85 dollar index raised the odds of a December hike to 87%. But the selling is not coming from the strategic holders: managed-money net longs fell to 324 tonnes, a 21-week low, and Goldman Sachs attributes roughly 95% of five weeks of selling to non-reportable positions. ETFs still hold a record 4,256 tonnes and central banks bought 321 tonnes in Q3. The table below sets the triggers, directions and levels.
Related Instrument
goTop
quote