Ethereum Shuts Down Holesky Testnet and Switches to Hoodi: What Does This Mean?

Jakarta, Pintu News – Ethereum has announced the closure of the Holesky testnet after two years of operation, along with the launch of a new testnet, Hoodi.

The closing coincided with the highest number of active Ethereum (ETH) addresses since 2021, signaling a new phase in the testing and development of Ethereum’s infrastructure.

Ethereum to Close Holesky Testnet

In a recent blog post, Ethereum announced that they will be shutting down their largest public testnet, Holesky. Introduced in 2023, this testnet was created to help staking and validator operations at scale.

Read also: Whale Bitcoin OG Adds $1 Billion Ethereum Investment!

Holesky has played an important role in testing major updates such as Dencun and the Pectra upgrade, which was rolled out in May.

However, the function is now complete. The developers confirmed that Holesky will be fully discontinued two weeks after the Fusaka upgrade is completed in November. Once support is discontinued, the client, testing, and infrastructure teams will no longer maintain the network.

This decision was taken after technical issues arose in early 2025. After the launch of Pectra, Holesky experienced many issues with validators frequently going offline. This led to long exit queues and made the testnet less useful for developers.

To replace Holesky, Ethereum introduced Hoodi in March 2025. This new testnet is designed to fix the problems with Holesky. Hoodi has a new group of validators, fully supports Pectra features, and is ready for future updates, including the upcoming Fusaka fork.

For developers focused on dapps and smart contracts, Sepolia remains a key environment.

ETH Active Address Hits Highest Since 2021

According to data from Everstake, there were 19.45 million monthly ETH active addresses in August. This is the highest since May 2021, when activity reached 20.27 million.

Read also: Ethereum Price Stays Around $4,300: Whale Activity and Chart Indicate Potential Momentum Shift!

This indicator shows the number of unique wallets interacting with the Ethereum network, covering all transactions such as DeFi transactions, NFTs, transfers, and staking.

Interestingly, ETH is experiencing significant buying activity. Tom Lee of BitMine recently revealed that they have 1.71 million ETH in their reserves. This represents a 12% increase from the beginning of the year.

Meanwhile, BlackRock’s Ethereum ETF recorded $314 million in fund flows on August 25. The trading volume of this ETF also surpassed $2.4 billion in a single day.

Analysts state that this rise highlights the importance of ETH as a key platform for Web3 and decentralized applications.

“This is not only a sign of returning user interest, but also evidence of a growing ecosystem,” commented Everstake, referring to the growing number of projects and developers building on the network.

In addition, open interest in Ethereum futures on the CME reached a high of more than $10 billion. This expansion shows investors’ growing confidence and usage of this altcoin.

The number of large open interest holders also hit a record 101 in August. These developments support the increased activity that the ETH network is experiencing.

That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Blockonomi. Ethereum Foundation Confirms Shutdown of Holesky Testnet After Fusaka Upgrade. Accessed on September 3, 2025
• CoinCentral. Ethereum Moves from Holesky to Hoodi for Future Protocol Testing After Failures. Accessed on September 3, 2025
• Coingape. Ethereum Prepares for Holesky Shutdown as Active Addresses Reach 2021 Levels. Accessed on September 3, 2025