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We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Author
Ahmed Barakat
Author
Part of the Team Since
Aug 2025
About Author
Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
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The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for…
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We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated:
August 23, 2026
The biggest protocol change since The Merge is days away. Google Gemini AI predicts it resets Ethereum’s trajectory, and the price prediction targets a baseline of $3,800 to $4,500 by late 2026, with $4,150 as the realistic mid-case.
Everything hinges on the end-of-August Glamsterdam hard fork. Gemini calls it Ethereum’s most significant protocol change since The Merge.
EIP-7928 brings parallel execution to the network. That scales throughput toward 10,000 TPS, and EIP-7904 handles the cost side through gas repricing. It slices Layer-1 fees by roughly 78.6%.
Cheaper and faster together change what can run on mainnet rather than a rollup. EIP-7732 adds the third component with Enshrined Proposer-Builder Separation.
That reduces MEV extraction by up to 70%. The value gets recaptured directly for mainnet validators instead of leaking to searchers.
The bear case is a timing failure. Further technical delays pushing protocol execution past Q4 2026 would trigger prolonged consolidation. That risks a breakdown below $2,100 support toward a bear target of $1,850. Successful mainnet deployment is what keeps the $4,150 target on the table.
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Ethereum Price Prediction: Gemini AI Predicts The Biggest Change Since The Merge Lands This Month
The daily chart has broken out of a long base. ETH peaked near $4,950 last August before a sustained decline. October and November cut the price from $4,700 toward $2,800. February brought the sharpest break, dropping ETH near $1,780.
Spring recovered to $2,450 by May, before June erased it. The low arrived at around $1,480. July and August built a slow base above $1,850. The past two sessions have exploded through it, lifting ETH near $2,400.
The close reads $2,398.9, up 3.13%, and $72.9. The daily range covered $2,324.2 to $2,446.8. Support sits at $2,300, then $2,100, and $1,850. Resistance appears at $2,450, then $2,800, and $3,000.
RSI reads 86.13 with its signal line far below at 59.55. That gap of more than 26 points is extreme and reflects a violent repricing.
The oscillator is deeply overbought. Momentum is powerfully bullish, though readings this high rarely extend without consolidation.
Gemini’s mid-case needs a further 73% move. The fork itself is the event that decides whether this breakout becomes a trend.
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Ethereum Is Rebuilding Its Base Layer: Bitcoin Hyper Is Building the Layer Bitcoin Never Had
Ethereum’s next leg depends on making its network dramatically faster and cheaper without sacrificing the security underneath. Bitcoin Hyper is pursuing the same outcome for Bitcoin from a different starting point.
Rather than changing Bitcoin’s base layer, the project is building an execution environment around it using the Solana Virtual Machine. That brings high-speed transactions, ultra-low fees, and smart contract functionality to an ecosystem historically limited by Bitcoin’s slower, less programmable design.
A Canonical Bridge is designed to move BTC into that environment, while HYPER powers gas fees, staking, and governance across the network.
The opportunity is straightforward: Bitcoin already has enormous capital and security. Bitcoin Hyper is betting that adding a faster execution layer can make far more of that capital usable.
The presale has already raised more than $33 million, with buyers currently able to stake HYPER for yields of up to 36% APY ahead of the planned 2026 launch.
Explore the Bitcoin Hyper Presale
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Source: cryptonews.com