Ethereum skyrockets after the Pectra upgrade and growing institutional adoption
Ethereum #ETH has experienced a significant increase of 15.57% in its price, trading at $2,301.57 according to the Investing.com Index (May 8, 2025). This bullish momentum is attributed to the recent Pectra upgrade, which has optimized the network, reducing fees and improving scalability. In addition, institutional interest continues to grow, with BlackRock's iShares Ethereum Trust receiving over 433 million euros in inflows. Analysts project that ETH could reach $4,000 in 2025, driven by its leadership in the tokenization of real assets, with over 1.7 trillion euros in tokenized value.