Unbelievable! Ethereum Soars 20% Overnight, Achieving the Largest Increase in Four Years!

On May 15, the price of Ethereum surged over 20%, surpassing the $2,200 mark, marking the largest single-day increase since May 2021. This surge closely followed the recently completed Pectra upgrade, sparking a market frenzy.

The Pectra upgrade significantly enhanced Ethereum's layer two scalability, staking efficiency, and simplified validator operations, restoring investor confidence. Since 2025, Ethereum's performance has lagged behind Bitcoin, but it has now rebounded strongly, narrowing the gap with Bitcoin.

Analysts point out that this increase is not only due to the technical upgrade but also benefits from the optimism brought about by U.S.-China trade negotiations and a resurgence in market risk appetite, driving a recovery in the entire cryptocurrency market.

At the same time, Bitcoin also rose by 4%, surpassing $102,500, stimulated by optimistic news from trade negotiations.

Overall, the Pectra upgrade has become a key catalyst for Ethereum's recovery, and the sentiment in the digital asset market is gradually warming up, potentially leading to a new bull market cycle.