Odaily Planet Daily recently released an Ethereum ETH weekly report, outlining important developments from October 2 to October 8. 📰

At the 171st Ethereum ACDE conference, Devnet-10 needs to be launched for the Dencun upgrade after the launch of Devnet-9. At the same time, the 119th Ethereum Core Developer Consensus Meeting will re-evaluate the progress of the Cancun/Deneb upgrade test and re-discuss the test schedule. 📅

Ethereum core developers said that Lido’s market share of 33% does not mean that Ethereum is in trouble. Vitalik also stated that changes to the protocol and staking pool may increase decentralization and reduce consensus overhead. 💡

Other developments include: Blocknative will suspend its MEV-Boost Relay and related Ethereum block builder; Aave initiates a vote to add FXS to Ethereum V3 temperature check; OP Labs has launched failure proof on the OP Goerli testnet; DeFi protocol Composable Finance has launched the Ethereum IBC test network; Immutable plans to launch the zkEVM main network from December this year to January next year. 🚀

In addition, multiple companies have submitted Ethereum ETF applications; UBS is conducting a money market fund tokenization pilot on Ethereum; Glassnode data shows that the ETH balance on the exchange hit a five-year low; NFT sales on Ethereum in September were approximately 1.4 billion, the lowest since February 2021; the median gas price of Ethereum hit a new low in a year. 📉

In the secondary market, the current ETH price may continue to consolidate in the short term, with support at $1,600 and resistance at $1,650. 💹