Ripple (XRP) joined Ethereum (ETH) as a top performer, rising 2%.
Pectra Upgrade: Ethereum’s recent Pectra upgrade, its most significant since the 2022 Merge, aims to enhance transaction speed and cost efficiency.
Market Momentum: ETH has seen a substantial rally, with prices increasing by 34% over the past week, reaching levels above $2,500.
These developments reflect a broader positive sentiment in the cryptocurrency market, with investors responding to both technical indicators and upcoming institutional opportunities.
Pectra Upgrade: Ethereum’s recent Pectra upgrade, its most significant since the 2022 Merge, aims to enhance transaction speed and cost efficiency.Market Momentum: ETH has seen a substantial rally, with prices increasing by 34% over the past week, reaching levels above $2,500.
These developments reflect a broader positive sentiment in the cryptocurrency market, with investors responding to both technical indicators and upcoming institutional opportunities.