Ethereum Cancels October Hoodi Testnet Amid Contract Risk Concerns
The planned October 26 Hoodi testnet activation has been postponed as Ethereum developers reassess contract pricing and risks.
The planned October 26 Hoodi testnet activation has been postponed as Ethereum developers reassess contract pricing and risks. Ethereum (ETH) is trading at $2,400.88. This is an original TLT brief synthesising 3 outlets (Crypto.news, Crypto Economy, TronWeekly), plus live market data, as of Fri, 23 Oct 2026 14:15:02 UTC.
The cancellation highlights Ethereum's cautious approach to network upgrades, prioritizing security and contract stability over timely implementation. This decision could impact the timeline for future scalability improvements.
- Hoodi testnet activation postponed indefinitely
- 200 million gas limit proposal under review
- Upgrade depended on successful October test
- Ethereum market cap remains at $293.3B
Both Crypto.news and Unchained report that the October 26 Hoodi testnet activation has been cancelled by developers, with the decision coming days ahead of the scheduled date. They agree that the upgrade's early-December mainnet candidates were contingent on the test's success. However, Crypto.news provides specific details about the 200 million gas limit being part of the review, while Unchained emphasizes the dependency of the upgrade timeline on the test's outcome.
- Ethereum Sets Date for Hoodi's 200 Million Gas Test on Mainnet
- Ethereum's Gas Limit to Surge on Hoodi Testnet with Glamorous Upgrade
- Ethereum Tests Major Upgrade on Hoodi Testnet Amid Market Volatility
- Ethereum Foundation Delays Glamorous Upgrade Amid Compatibility Concerns
- Ethereum Delays Glamsterdam Testnet Upgrade Over Security Concerns
- Ethereum, XRP, and Render Lead October's Cryptocurrency Popularity Surge
- Ethereum Cancels October Hoodi Testnet Amid Contract Risk Concerns — this brief
The planned Hoodi testnet activation, originally scheduled for October 26, has been cancelled by 
Ethereum developers. This decision comes amid ongoing assessments of contract pricing and potential risks associated with the upgrade.
The test was expected to include a 200 million gas limit, a feature that is now under review as part of the broader assessment. Developers are scrutinizing the implications of this proposal on existing contracts deployed on the mainnet.
Multiple outlets, including Crypto.news and Unchained, corroborate that the decision to cancel the test was made days ahead of the scheduled date. This postponement raises questions about the timeline for the upgrade's mainnet candidates, which were slated for early December.
The move underscores Ethereum's commitment to thorough testing and risk assessment before implementing significant network changes. The network has historically prioritized security and stability over rapid development cycles.
In the current market context, Ethereum is trading at $2401.09, up 0.12% in the last 24 hours but down 3.00% over the past week. The overall crypto market cap stands at $2.81 trillion, with a Fear & Greed index of 50 indicating a neutral sentiment.
Since this brief published about 2 hours ago, Ethereum (ETH) has moved from $2,401.09 to $2,400.88 — -0.01%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ETH ≈ ₦3.31M (about $2,400.88), down 0.2% over 24 hours. The naira itself trades about 4.0% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Ethereum Cancels October Hoodi Testnet Amid Contract Risk Co — questions & answers
Why was the Hoodi testnet activation cancelled?
The activation was cancelled due to ongoing assessments of contract pricing and potential risks associated with the upgrade.
What is the significance of the 200 million gas limit?
The 200 million gas limit is a key feature being reviewed for its impact on existing mainnet contracts.
How does this affect Ethereum's upgrade timeline?
The postponement raises uncertainty about the early-December mainnet candidates that depended on the test's success.
How much is 1 Ethereum worth in naira today?
About ₦3.31M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $2,400.88. The naira price moves with both ETH's US-dollar price and the USDT/NGN rate; use our Ethereum in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto.news, Crypto Economy, TronWeekly, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.