Curve Finance Highlights Ethereum Glamsterdam Upgrade to Ease DeFi Network Congestion

Ethereum's upcoming Glamsterdam upgrade could significantly ease decentralized finance congestion and enhance execution reliability, according to Curve Finance. Core developers have begun testing a 200 million gas limit on the Sepolia testnet, up from the current 60 million benchmark, alongside parallel processing and block-level access lists. Curve notes complex actions like leveraged borrowing consume 1.84 million gas, compared to 125,000 for direct swaps. Meanwhile, short-term prediction markets remain cautious, with Polymarket pricing an 82% chance that Ethereum falls to $2,400 in October versus a 3% probability of reaching $3,300.