$ETH Ethereum has recently undergone a significant transformation with the implementation of the Pectra upgrade, marking its most substantial overhaul since the Merge in 2022. This upgrade aims to enhance transaction speed, reduce costs, and improve overall network efficiency.
Ethereum's native token, Ether (ETH), has experienced a notable price increase. As of now, ETH is trading at approximately $2,592.69, reflecting a significant gain over the past two days. This surge is attributed to renewed investor confidence stemming from the network's enhanced capabilities.
The maximum staking limit per validator has been increased from 32 ETH to 2,048 ETH, allowing for greater flexibility and efficiency in network operations.
This feature enables users to pay gas fees using tokens other than ETH, such as USDC or DAI, simplifying transactions and enhancing user accessibility.