$ETH As of today, Ethereum (ETH) is experiencing a significant surge, trading at approximately $2,340 USD. This marks a notable increase of over 19% in the last 24 hours, reflecting a strong bullish momentum in the market.

The recent uptick in Ethereum's price is attributed to several factors:

Pectra Upgrade: The successful implementation of the Pectra upgrade on Ethereum's mainnet has bolstered investor confidence, contributing to the price rally.