- Fusaka upgrade boosts Ethereum price, pushing ETH toward $3,200 with strong buyer interest.
- Trading volume rises as mid-size wallets accumulate, signaling growing market confidence.
- Network improvements enhance throughput, reduce bandwidth needs, and support smoother transaction execution.
Ethereum users watched a strong price reaction unfold soon after the Fusaka upgrade went live. The network change activated at block height 18,200,000 and drove fresh interest across major trading platforms. Buyers stepped in as confidence rose through Wednesday evening and early Thursday. ETH moved above short-term ranges and gained steady traction during the night. Strong volume added momentum and helped reinforce bullish sentiment as the market processed the upgrade’s impact.
Fusaka Sparks Strong Trading Activity
Ethereum — ETH , traded between $3,150 and $3,210 shortly after activation. Price strength continued through midnight as the day ended with a 4.3 percent gain. The market showed clear excitement as trading volume jumped from $28.2 billion to $32 billion within six hours. Santiment flagged accumulation from mid-size wallets holding between 1,000 and 10,000 ETH. That group often signals early confidence during major upgrades.
Fusaka marks the second major network shift for Ethereum this year. Developers tested the update on Holesky, Sepolia, and Hoodi during October. Final checks wrapped up earlier this week before the mainnet rollout. Many users watched for possible network strain, yet the upgrade ran smoothly across all clients. The most notable change arrived through PeerDAS . This system alters how nodes handle posted blob data.
Each node now stores only a fraction of blob content. The revised structure lowers storage pressure and reduces bandwidth needs across the network. Ethereum developers estimate an eightfold boost in blob throughput. That increase creates more room for heavy usage across high-traffic periods. Blockscout pointed out that the change helps the base layer match the activity seen across major layer-2 networks.
Price Holds Key Levels As Bulls Target Resistance
Base fee changes for blobs also shipped with the upgrade. The changes prevent blob fees from sliding during gas spikes. Consistent blob fees help reduce cost swings during peak activity. Developers expect these adjustments to support a more stable environment for complex transactions. ETH currently trades above the 100-hour Simple Moving Average.
The price also holds above the 23.6 percent Fib retracement level from the recent range between $2,718 and $3,239. Bulls now watch resistance near $3,250 as the next major barrier. A break above that zone could invite more volume and sustain the rally.
Developers believe the new improvements support broader decentralization as network activity expands. Lower bandwidth needs may attract more node operators. Stronger throughput may help reduce congestion during peak cycles. The upgrade’s impact continues to unfold as the market analyzes new data flows. Early signals show rising confidence and stronger support from active traders.
