$ETH

On May 7, the Pectra upgrade for Ethereum was launched on the mainnet, marking an important turning point for the network. The upgrades, which took place around 10:00 AM UTC during epoch 364032, included three Ethereum Improvement Proposals (EIPs): EIP-7702, EIP-7251, and EIP-7691. These proposals aim to improve second-layer data storage, enhance the user experience for validators, and refine the user experience features for smart contract wallets. After the upgrade, Ethereum (ETH) prices recovered from a previous decline, reaching $2000 and peaking at $2400 at the highest level in 30 days on May 9. As of the last update, ETH is trading at $2345.