|

Ethereum devs finalize fork on the Zheijang testnet, here’s what it means for ETH

  • Ethereum ecosystem developers have agreed to launch the Shapella fork on the Zheijang testnet on February 7. 
  • According to lead Ethereum developer Tim Beiko, the Sepolia testnet can be launched on Sepolia on February 9. 
  • Majority of developers on Ethereum are in favor enabling ETH token withdrawals as soon as possible. 

Ethereum network’s core development team has announced that the Shanghai and Capella forks can be launched on the Zheijang testnet on February 7. Tim Beiko, the core ETH developer, announced that the two new forks named Shapella would launch at Epoch 1350. 

The Sepolia and Goerli testnets will follow closely after. Beiko encouraged validators to test Shapella by acquiring 33 ETH from the testnet’s faucet before the fork goes live. 

Also read: Bitcoin on-chain metrics show compelling signs of accumulation and continuation of BTC price rally

Ethereum core dev reveals Shapella devnet is live, testnet will go live next week

Ethereum network’s core developer Tim Beiko told his 99,100 followers on Twitter that core developers wrapped another call on February 2. The developers covered the steps to Shanghai and Capella (Shapella) testnets, and the team is resolving configuration issues that came up during the launch. 

The Shapella fork is planned for February 7, 3 PM UTC. Beiko urged developers to run a validator on the Zheijang testnet, collect 33 ETH via the faucet, start a validator and be ready for Shapella on Tuesday. 

The Ethereum core developer argues that if the Zheijang fork goes well, the network would be ready to move to public testnets, Sepolia and Goerli. Testnets are critical to the Ethereum ecosystem as they allow developers to discover transaction problems without risking real funds before a blockchain’s mainnet upgrade.

Developers are prepared to unlock 16 million ETH despite concerns

While most ETH ecosystem developers agree that the Shanghai upgrade is on track, a minority of developers have expressed concern that most are bowing to public pressure at the expense of Ethereum’s future. 

Several developers downvoted a recent technical proposal to make withdrawals compatible with a specific encoding method. Devs chose to abide by a method that might result in imminent deprecation in the asset. 

Micah Zoltu, an ETH developer, voiced his concern, 

It feels like we’re not thinking about the long-term health of Ethereum. We’re thinking, how do we do what the public wants today?

ETH developers believe that a low-risk proposition and a relatively low-glitch product with a deprecated encoding scheme is better than a delayed product with 16 million ETH tokens staked on the Beacon chain contract. 

This means the forks and testnets will occur at the stipulated time as the ecosystem prepares for a massive ETH unlock. To know more about ETH token unlock, check this out. 

Author

Ekta Mourya

Ekta Mourya

FXStreet

Ekta Mourya has extensive experience in fundamental and on-chain analysis, particularly focused on impact of macroeconomics and central bank policies on cryptocurrencies.

More from Ekta Mourya
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

XRP rebounds amid ETF inflows and declining retail demand demand

XRP rebounds as bulls target a short-term breakout above $2.00 on Friday. XRP ETFs record the highest inflow since December 8, signaling growing institutional appetite.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

World Liberty Financial recovers as community votes to unlock treasury funds for USD1 adoption

World Liberty Financial recovers over 3% on Friday, holding ground at a key support trendline. Community begins voting to unlock roughly 5% WLFI treasury funds to incentivize USD1 stablecoin adoption.

Crypto Today: Bitcoin, Ethereum, XRP rebound amid bearish market conditions

Bitcoin (BTC) is edging higher, trading above $88,000 at the time of writing on Monday. Altcoins, including Ethereum (ETH) and Ripple (XRP), are following in BTC’s footsteps, experiencing relief rebounds following a volatile week.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.