• Ethereum developers discussed the Dencun upgrade’s activation on the Goerli testnet in their All Core Developers Execution Call. 
  • Developers confirmed the timeline for the Dencun upgrade’s rollout on Sepolia and Holesky testnets. 
  • Ethereum Dencun upgrade is likely to see its mainnet release in March, despite a lack of Layer 2 readiness. 

Ethereum core developers are committed to the Dencun upgrade’s testnet timelines. Despite the issues that arose on the Goerli testnet, the timeline has remained unchanged for Sepolia and Holesky testnet release of the upgrade. 

Core developers picked 30 January for Sepolia and 7 February for Holesky rollout of the Dencun upgrade. 

Also read: Lido DAO Community Staking Module to make mainnet debut in the second half of 2024

Ethereum developers set fixed timelines for Dencun upgrade

Ethereum developers stayed committed to the Dencun testnet timeline, according to the All Core Developers Execution call number 179. The timeline for testing remains unchanged and Galaxy Digital’s Christine Kim believes the likelihood of mainnet activation for the upgrade by the end of March is now 60%. 

Layer 2 chains are not currently ready for the upgrade, however, developers are moving ahead with the testnet releases in the next three weeks. It is likely that Dencun goes live on mainnet as early as February if the upgrades on Sepolia and Holesky do not encounter issues. 

Developers are likely to run additional tests and Layer 2 chains may want to perform client releases on Sepolia and Holesky before the mainnet upgrade. If this occurs, then the likelihood of mainnet release in February is limited to 30%.  

The implementation of EIP-4844 is expected to boost the features of Ethereum and drive adoption of the chain.

ETH

Expected Impacts of EIP 4844. Source: Galaxy Research

If major bugs are discovered in either of the two testnets, Dencun’s arrival on the mainnet could be delayed from March to April. 

Key dates to watch out for are January 30 and February 7, dates for the Sepolia and Holesky forks.


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended content


Recommended Content

Editors’ Picks

Crypto Today: ETH and Bitcoin stabilize as market digest Trump’s 25% auto tariff

Crypto Today: ETH and Bitcoin stabilize as market digest Trump’s 25% auto tariff

Cryptocurrencies market capitalization surges by $14 billion on Thursday, hitting the $2.83 trillion mark. Bitcoin ETFs brought in another $89.6 million, reaching nine successive days of net inflows, according to Farside data. 

More Cryptocurrencies News
Crypto Morning: BlackRock spends $107 million on Bitcoin, stablecoin launches, Shiba Inu boss still offline

Crypto Morning: BlackRock spends $107 million on Bitcoin, stablecoin launches, Shiba Inu boss still offline

BlackRock, a giant with $11.5 trillion in assets under management, spent $107.9 million to fund its BTC purchase on Wednesday. The move is consistent with demand for BTC among institutional investors. 

More Cryptocurrencies News
Bitcoin range-bound as momentum indicator shows trader indecisiveness

Bitcoin range-bound as momentum indicator shows trader indecisiveness

Bitcoin price hovers around $87,000 on Thursday, as RSI indicator suggests indecisiveness among traders. Glassnode reports that BTC trades in a range-bound market, as on-chain profit-and-loss-taking events are declining in magnitude.

More Bitcoin News
Curve DAO rallies as developer activity hits new ATH

Curve DAO rallies as developer activity hits new ATH

Curve DAO price extends its gains by 8% and trades above $0.58 at the time of writing on Thursday, rallying over 15% so far this week. DefiLlama data shows that the CRV’s developer commits hit a new all-time high (ATH), surpassing 900 commits per month. 

More Curve DAO News
Bitcoin: BTC stabilizes around $84,000 despite US SEC regularity clarity and Fed rate stability

Bitcoin: BTC stabilizes around $84,000 despite US SEC regularity clarity and Fed rate stability

Bitcoin price stabilizes around $84,000 at the time of writing on Friday after recovering nearly 2% so far this week. The recent announcement by the US SEC that Proof-of-Work mining rewards are not securities could boost BTC investors' confidence. 

Read full analysis
The Best brokers to trade EUR/USD

The Best brokers to trade EUR/USD

SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.

Read More

BTC

ETH

XRP