$ETH Update

Ethereum has surged over 20% in the past 24 hours, breaking past $2,200 and indicating potential upside toward $3,000.

The recent Pectra upgrade has significantly enhanced Ethereum's capabilities, rebuilding investor confidence and improving staking efficiency.

Positive macroeconomic developments, including a trade agreement between the US and UK, have contributed to the overall market optimism supporting Ethereum's rally.

Institutional interest in Ethereum is growing, with Total Value Locked increasing by 41% and notable purchases from firms like Abraxas Capital.