The ethereum price sits near $1,710 after another week of sideways action, and the Glamsterdam upgrade has entered its final devnet phase with a target launch in the second half of 2026. But while ETH holders wait for a breakout above $1,800, some traders are putting fresh capital into tokens that have not yet reached an exchange at all.
Glamsterdam Enters Final Testing as BitMine Adds to Record ETH Holdings
Ethereum developers moved the Glamsterdam upgrade into its final development stage this week, running devnets that include the full set of planned protocol changes for the first time. According to CoinDesk, the upgrade is being described as the biggest change since the Merge, with parallel transaction processing and a new block building system designed to cut simple transfer costs by up to 71 percent.
At the same time, BitMine continued buying ETH during the dip, adding 20,000 tokens worth roughly $35 million and pushing its total holdings to 5.62 million ETH. That is about 4.7 percent of the entire circulating supply now sitting in one company’s wallet. According to CryptoRank, the combination of Glamsterdam and whale accumulation is giving the ethereum price a floor even as retail selling pressure stays heavy.
Tokens Gaining Ground Before Exchange Listings Open
Pepeto
Even if the ethereum price has stayed flat for weeks, the money flowing into crypto has not stopped. Developers just pushed one of the largest protocol upgrades in years into its last testing round, and a single company now holds nearly 5 percent of all ETH in circulation, which means large players are still buying even when retail walks away.
That is exactly why Pepeto keeps pulling in fresh wallets every week. Built with input from a former Binance expert and backed by a SolidProof audit, Pepeto gives traders two tools that cover the gaps most presale tokens leave open. A cross-chain bridge lets holders move tokens between networks without relying on a centralized service to hold funds during the transfer. A risk scorer scans tokens and flags problems before a trader commits capital, which removes the kind of blind entries that cost new buyers money in fast markets.
So far the presale has secured more than $10.2 million. Staking rewards listed on the Pepeto official website run at 170 percent, the token count reaches 420 trillion, and SolidProof signed off on every contract before launch. At a presale price of $0.0000001878, buying in now costs less than what most exchange listed tokens charge for a single unit.
The project points toward an expected Binance listing, and each week the presale continues is another chance for new wallets to build a position at a cost that disappears once trading begins. Trying out what Pepeto delivers before the public market opens costs less than a rounding error on a single ETH trade, and the Pepeto official website breaks down exactly how the bridge, the scorer, and the staking work together.
Ethereum Price Prediction
ETH trades near $1,710 with the 200 day moving average sitting at $1,668, which means the ethereum price is holding above its long term trend line but only by a thin margin. The RSI reads 42.5, which puts it in neutral territory leaning slightly toward sellers.
The near term range runs between $1,650 support and $1,800 resistance, and most sessions in the ethereum price chart have ended close to where they started for several weeks now. Large holders keep adding ETH below $1,750, buying with patience rather than chasing quick moves, and that pattern points to positioning for a Glamsterdam breakout rather than short term trades.
If the ethereum price clears $1,800 with volume, it would mark the first higher high since May and open a path toward $1,900 to $2,000 in the following weeks. On the downside, a drop below $1,650 risks a deeper pullback to $1,550 where stronger buyer interest has appeared in past dips. The Glamsterdam upgrade remains the biggest trigger on the horizon, and how the ethereum price reacts once testnet activation begins will set the direction for the rest of the quarter.
Conclusion
The ethereum price can still deliver gains once the Glamsterdam upgrade lands and institutional buying accelerates, but a $205 billion market cap means each percentage point higher needs billions of dollars in new demand. Pepeto costs a fraction of a cent and has none of the exchange trading, none of the public price action, and none of the analyst coverage factored in yet.
Wallets that entered during the presale locked in a cost that exchange buyers will never see again, and the distance between that entry and the expected listing price is what makes this window matter. Once the presale closes and public trading starts, the price everyone paid to get in early becomes the benchmark that every future buyer measures against.
Click To Visit Pepeto official Website To Enter The Presale
FAQ
What is driving the ethereum price in June 2026?
The ethereum price is held between $1,650 support and $1,800 resistance while the Glamsterdam upgrade enters final testing, and whale accumulation continues.
How does the Pepeto presale compare to buying ETH now?
Pepeto is at presale pricing ahead of an expected Binance listing while ETH trades on exchanges, creating a different risk and return profile.
When is the Glamsterdam upgrade expected to launch?
Developers target the second half of 2026 for Glamsterdam, with devnets running and public testnet activation next.
