Lido DAO Proposes Hoodi Testnet Rollback After Ethereum Delay
Lido DAO has initiated a governance vote to roll back specific contracts on the Hoodi testnet following the postponement of Ethereum's October 26 upgrade.
Lido DAO has initiated a governance vote to roll back specific contracts on the Hoodi testnet following the postponement of Ethereum's October 26 upgrade. Ethereum (ETH) is trading at ₹2,25,705 ($2,374.93). This is an original Token Times brief based on reporting by Crypto Economy, with live market data added, as of Sat, 24 Oct 2026 07:00:01 UTC.
The rollback proposal reflects ongoing adjustments in Ethereum's scaling roadmap, impacting projects like Lido that rely on its infrastructure. It also highlights the complexities of coordinating major upgrades across interconnected DeFi protocols.
- Lido DAO proposes to roll back Hoodi testnet contracts after upgrade delay.
- Ethereum's planned 200 million gas limit test has been cancelled.
- Lido's TVL stands at $23.07B, down 2.1% over the past week.
- LDO price is down 2.67% in the last 24 hours amid broader market decline.
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- Lido DAO Proposes Hoodi Testnet Rollback After Ethereum Delay — this brief
Lido DAO has launched a governance vote to roll back specific contracts on the Hoodi testnet after 
Ethereum's planned October 26 upgrade was postponed. This decision comes amid ongoing adjustments in Ethereum's scaling roadmap, which has implications for projects like Lido that depend on its infrastructure.
The proposal follows Ethereum's cancellation of a planned test involving a 200 million gas limit, as reported by Crypto.news. Developers are now examining a repricing proposal for contracts already on the Ethereum mainnet. This development underscores the complexities of coordinating major upgrades across interconnected DeFi protocols.
According to Crypto Economy, Lido reported a total value locked (TVL) of $23.325 billion as of October 23, 2026. However, DeFiLlama data shows a slightly lower TVL of $23.07 billion, indicating a 2.1% decrease over the past week. This suggests potential market volatility or shifts in investor sentiment.
The broader crypto market is experiencing a downturn, with the total market cap at $2.77 trillion and 
Bitcoin down 1.24% in the last 24 hours. Ethereum, the underlying blockchain for Lido's operations, is also down 0.98% in the same period, currently trading at $2374.41. Lido's native token, LDO, has seen a 2.67% decline in the last 24 hours, reflecting the overall market sentiment.
The rollback proposal is a significant move for Lido and its users, as it aims to address the implications of Ethereum's delayed upgrade. Investors and stakeholders will be watching closely to see how this decision affects Lido's operations and market position in the coming weeks.
Since this brief published about 6 hours ago, Ethereum (ETH) has moved from ₹2,25,655.60$2,374.41 to ₹2,25,705.02$2,374.93 — +0.02%.
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 ≈ ₹238,431.1 (about $2,374.93), down 1.3% over 24 hours. The rupee itself trades about 5.6% 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 assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 24, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Lido DAO Proposes Hoodi Testnet Rollback After Ethereum Dela — questions & answers
What is Lido DAO's proposal about?
Lido DAO proposes to roll back specific contracts on the Hoodi testnet after Ethereum's October 26 upgrade was postponed.
Why was the Ethereum test cancelled?
The Ethereum test involving a 200 million gas limit was cancelled, and developers are now examining a repricing proposal for contracts on the mainnet.
How has Lido's TVL been affected?
Lido's TVL is $23.07 billion, down 2.1% over the past week, according to DeFiLlama.
How much is 1 Ethereum worth in rupee today?
About ₹238,431.1 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,374.93. 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.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto Economy. 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.