On the Ethereum mainnet, the 'Pectra' upgrade has been completed, resulting in a daily price surge of 40%, skyrocketing from $1800 to $2500, marking the largest single-day increase since 2021. The upgrade introduces 11 improvements, including EIP-7251, increasing the staking cap to 2048 ETH, optimizing wallet features and L2 scalability. Post-upgrade, Ethereum transactions are faster and more cost-effective, sparking heated discussions. Investor Xiao Li bought in at a low point, reaping substantial profits, while short-seller Xiao Zhang suffered heavy losses after shorting at a high. Market sentiment is high, with @qxgy88 predicting ETH could reach $3300. The easing of US-China trade tensions and increased whale holdings have also driven prices up, but the long-term trend still needs to be observed.