Ethereum’s EIP-8363 proposal, which would have burned a growing share of staking rewards based on the staking ratio, was withdrawn on October 1 after over 200 negative forum comments regarding its timing and impact on smaller validators. ETH is currently trading at $2,730, up less than 1% over 24 hours. This removal means no supply reduction is included in the Hegotá upgrade, leaving ETH trading between $2,500 support and $2,800-$2,900 resistance. The price could be influenced by U.S. macroeconomic data, Fed expectations, and ETF flows.
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