$ETH Ethereum (ETH) has experienced a significant surge, climbing nearly 40% this week to surpass $2,500, marking its most substantial rally since 2021. This momentum follows the successful implementation of the Pectra upgrade, which enhances transaction speed, wallet usability, and increases the staking cap from 32 to 2,048 ETH per validator. The upgrade has bolstered investor confidence, leading to increased trading volumes and a market capitalization nearing $300 billion. Analysts suggest that if this bullish trend continues, Ethereum could soon test the $3,000 resistance level.
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