$BTC The Ethereum Pectra upgrade has been completed and is active on the Ethereum mainnet. The impact of the upgrade on the health of the mainnet 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 nominators have been introduced with this upgrade. There are many other innovations. We will see the impact of all these innovations over time.

The $ETH price is above $1800. If the Pectra upgrade works smoothly, it could influence the rise of $ETH.

When the Ethereum rise begins, the $5000 level will be challenging. In a market where Bitcoin is at $100,000, it will not be a surprise if Ethereum surpasses $5000. Get ready for significant increases in $ETH.