The Ethereum Pectra upgrade has been completed and is now live on the Ethereum mainnet. The impact of the upgrade on the mainnet's health will be monitored for 24 hours.

With the Pectra upgrade, the Ethereum blockchain will be more scalable and have lower fees. Higher staking limits for validators have also come with this upgrade. There are many more innovations. We will see the effects of all these innovations over time.

The price of $ETH is currently above $1800. If the Pectra upgrade operates smoothly, it could lead to increases in $ETH.

When increases begin in Ethereum, the level of 5000 $ will be challenging. In a market where Bitcoin is at levels of 100,000 $ , Ethereum also needs to push for $5000. The levels at which the $ETH price is currently at summarize the situation of altcoins...

#Ethereum #Pectra #Altcoins