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Ethereum dips below $2,300 amid upgrade delays and ETF outflows, challenging recovery to $2,500.

Market News
25 Oct 2026
Coinpaper
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Bearish
Ethereum dips below $2,300 amid upgrade delays and ETF outflows, challenging recovery to $2,500.

Ethereum's price briefly fell below $2,300 over the weekend before recovering to around $2,360, pressured by a delay in the Glamsterdam upgrade test and significant ETF withdrawals. Developers postponed the testnet activation to investigate smart contract issues, adding uncertainty to Ethereum's scaling roadmap. Meanwhile, institutional demand remains weak, with U.S. spot Ethereum ETFs experiencing net outflows, complicating price recovery efforts. Ethereum now faces a technical challenge to reclaim $2,400 and push toward $2,500, with downside risks if support near $2,285 fails to hold.

Ethereum's recent price struggles coincide with its current trading on Pluang, where as of Oct 25, 2026 11:41 WIB, ETH is priced at Rp42.700.000, showing a slight 0.54% decline over the past day. The platform reports a market cap of Rp5.220,22 trillion and a 24-hour trading volume of Rp161,06 trillion. Despite the price dip, buying interest remains stronger than selling, with 62% of orders to buy and a typical hold time of 108 days among investors.

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