Ethereum Cancels Hoodi Fork Testnet After Gas Risk Warning
Ethereum developers have scrapped the Hoodi fork testnet activation following concerns over gas usage risks.
Ethereum developers have scrapped the Hoodi fork testnet activation following concerns over gas usage risks. Ethereum (ETH) is trading at ₹2,25,498 ($2,383.85), up 0.4% since this brief published. This is an original Token Times brief based on reporting by Unchained, with live market data added, as of Thu, 22 Oct 2026 20:00:01 UTC.
The cancellation highlights the importance of thorough security assessments in Ethereum's upgrade process and underscores the network's vulnerability to gas-related issues.
- Ethereum developers canceled the Hoodi fork testnet activation on October 26.
- The decision followed ChainSecurity's warning about potential gas usage risks.
- The incident could delay the planned early-December mainnet upgrade.
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- Ethereum Cancels Hoodi Fork Testnet After Gas Risk Warning — this brief
Ethereum developers have canceled the Hoodi fork testnet activation, which was scheduled for October 26. The decision came after security firm ChainSecurity flagged potential risks related to gas usage in the upgrade.
The Hoodi fork was a significant component of Ethereum's planned upgrade roadmap, with its success critical for the early-December mainnet candidates. The testnet activation was intended to assess the upgrade's viability and identify any potential issues before the mainnet deployment.
ChainSecurity's warning about gas usage risks prompted developers to re-evaluate the upgrade's readiness. The cancellation suggests that the Ethereum network remains vulnerable to gas-related challenges, which could impact its performance and security.
This development comes amid a broader market downturn, with Ethereum's price dropping 5.52% in the last 24 hours to $2375.32. The cryptocurrency's market cap now stands at $290.17 billion, reflecting the overall bearish sentiment in the crypto market.
The incident highlights the importance of rigorous security assessments in Ethereum's upgrade process. It also underscores the network's ongoing challenges with gas usage, which have been a recurring issue in its transaction processing and smart contract execution.
Since this brief published about 2 hours ago, Ethereum (ETH) has moved from ₹2,24,690.71$2,375.32 to ₹2,25,497.60$2,383.85 — +0.36%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ETH ≈ ₹247,324.44 (about $2,383.85), down 4.5% over 24 hours. The rupee itself trades about 9.7% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Ethereum Cancels Hoodi Fork Testnet After Gas Risk Warning — questions & answers
Why was the Hoodi fork testnet activation canceled?
The activation was canceled due to ChainSecurity's warning about potential gas usage risks.
What impact could this have on the Ethereum mainnet upgrade?
The cancellation could delay the planned early-December mainnet upgrade as the testnet activation was crucial for its readiness.
How has Ethereum's price reacted to this news?
Ethereum's price has dropped 5.52% in the last 24 hours to $2375.32 amid the broader market downturn.
How much is 1 Ethereum worth in rupee today?
About ₹247,324.44 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,383.85. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is up 0.36% since this brief first published — trading at ₹2,25,498 ($2,383.85) now versus ₹2,24,691 ($2,375.32) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Unchained. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.