ETH Surpasses $2500
The Pectra upgrade has introduced a series of technical improvements aimed at enhancing the user experience on the Ethereum network. Key highlights include account abstraction, Verkle trees, advanced staking options, and the ability to pay gas fees using tokens.
Following the update, ETH's price gained momentum and climbed above the $2,500 level.
Nick Tomaino, founder of 1Confirmation, suggested that ETH could surpass BTC.
Could this upgrade and such statements mark the beginning of a new era for Ethereum?
