Ethereum Foundation Initiates Holešky Shutdown Post-Fusaka Upgrade Completion

The Ethereum Foundation has begun the shutdown of Holešky, a testnet launched in 2023, following the Fusaka upgrade which introduced PeerDAS to enhance scalability. The shutdown comes after experiencing validator inactivity leaks and extended exit queues post-Pectra upgrade.

  • Ethereum price fell below $4,000, down 0.6%, while Bitcoin rose by 1.7% intraday.
  • Developers are transitioning projects to Hoodi and Sepolia testnets.
  • Hoodi addresses Holešky’s scalability issues and supports Pectra functionalities.
  • Future testing will focus on Sepolia for development, Hoodi for validator testing, and Ephemery for light simulations.

Additionally, Best Wallet's presale exceeded $16.6 million, with tokens priced at $0.026, offering institutional-grade security and staking rewards.