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Ethereum Sets Date for Hoodi's 200 Million Gas Test on Mainnet

Hoodi's Glamarize test will target 200 million gas usage on Ethereum's mainnet starting October 26.

Hoodi's Glamarize test will target 200 million gas usage on Ethereum's mainnet starting October 26. Ethereum (ETH) is trading at $2,413.29, up 0.5% since this brief published. This is an original TLT brief synthesising 2 outlets (CryptoSlate, Cointelegraph), plus live market data, as of Sat, 17 Oct 2026 18:15:02 UTC.

Why it matters

This test represents a significant stress on Ethereum's network capacity and could impact gas prices and transaction throughput. It also highlights the growing adoption of Ethereum for large-scale applications.

Covered by 2 outlets over about 2 days — TLT synthesises them all into one brief
  1. Cointelegraph
    Nasdaq-listed Tron sets up $200M ATM share offering to fuel TRX acquisitions ↗
  2. CryptoSlate
    Ethereum sets October 26 for Hoodi’s 200 million gas test ↗
Key takeaways
  • Hoodi's Glamarize test aims for 200 million gas usage on Ethereum.
  • Test scheduled for October 26; mainnet activation date remains undecided.
  • Nasdaq-listed treasury company holds $237M in TRX tokens.
  • TRX market cap stands at $31.76B amid flat market conditions.
What the reporting agrees on

Both CryptoSlate and Cointelegraph report that Hoodi's Glamarize test will target 200 million gas usage on Ethereum's mainnet starting October 26. However, while CryptoSlate emphasizes the undecided nature of the mainnet activation date, Cointelegraph focuses on the financial aspects, noting the company's $237 million TRX holdings and plans to raise additional capital for token purchases.

Hoodi's Glamorama test, scheduled for October 26, will aim to utilize 200 million gas on Ethereum's mainnet. This test is significant as it will put Ethereum's network capacity to the test, potentially impacting gas prices and transaction throughput.

The Nasdaq-listed treasury company involved in the test holds approximately $237 million in TRX tokens. According to Cointelegraph, the company also plans to raise additional capital to fund its token purchases and daily accumulation activities.

Multiple outlets corroborate the 200 million gas target for the test, with CryptoSlate and Cointelegraph both reporting this figure. However, they differ in their focus, with CryptoSlate highlighting the technical aspects of the test and Cointelegraph emphasizing the financial elements.

Ethereum's current market cap is $293.19 billion, with the coin trading at $2400.97, down 1.03% in the last 24 hours. The broader crypto market remains relatively flat, with a total market cap of $2.79 trillion and a Fear & Greed index of 55, indicating a state of 'Greed.'

The TRON (TRX) token, also involved in the test, has a market cap of $31.76 billion and is currently trading at $0.334291, showing a slight 0.08% decrease in the last 24 hours. The test's impact on TRX and Ethereum prices will be closely watched by investors.

Market reaction since this brief Live

Since this brief published about 1 hour ago, Ethereum (ETH) has moved from $2,400.97 to $2,413.29 — +0.51%.

$2,399$2,403$2,407$2,411$2,415 published · $2,401 now · $2,413 (+0.51%) Oct 17 17:00 UTC Oct 17 18:15 UTC
BeforeSince publishPublished · $2,400.97
CoinAt publishNowSince publish
ETH$2,400.97$2,413.29+0.51%
TRX$0.3343$0.3346+0.10%

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.

What this means in naira

At today's peer-to-peer rate, 1 ETH ≈ ₦3.29M (about $2,413.29), up 0.1% over 24 hours. The naira itself trades about 2.4% 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 assets in this story — live, source-stamped, updated every 15 minutes.

$2,413.29 ▲ 0.08%
+0.51% since this brief published
7d -3.77%MCap $294.72BFull ETH data →
TRX
#8
$0.3346 ▲ 0.09%
+0.10% since this brief published
7d +1.08%MCap $31.78BFull TRX data →
The market when this published · October 17, 2026
Total market cap$2.79T
Bitcoin 24h-0.18%
Ethereum 24h-1.03%
BTC dominance58.5%
Fear & Greed55 · Greed

Ethereum Sets Date for Hoodi's 200 Million Gas Test on M — questions & answers

What is the purpose of Hoodi's Glamorama test?

The test aims to assess Ethereum's network capacity by targeting 200 million gas usage.

When is the test scheduled?

The test is scheduled for October 26, but the mainnet activation date is undecided.

How much TRX does the company hold?

The company holds about $237 million in TRX tokens.

How much is 1 Ethereum worth in naira today?

About ₦3.29M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $2,413.29. 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.

Has Ethereum's price moved since this brief was published?

ETH is up 0.51% since this brief first published — trading at $2,413.29 now versus $2,400.97 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from CryptoSlate, Cointelegraph, 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.

In this storyNasdaq Company
TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 17, 2026 ⛓ Timestamped at Bitcoin block #971,888 sha256:c6f1bdb68d691bf2
Corroborated across 2 outlets, reported over about 2 days — this is an original TLT summary with live market data, not the original article.Cointelegraph · Oct 15 14:16 ↗CryptoSlate · Oct 17 17:00 ↗

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.