Summary of the recent positive developments for $ETH

1: Network upgrades are more efficient, and staking for large holders is more convenient. In May, Ethereum completed an important system update called 'Pectra'. Simply put, this upgrade increased the maximum amount that validators can stake from 32 ETH to 2048 ETH at once. This is particularly friendly for users holding a larger number of coins, making operations easier and improving the overall efficiency of the network.

2: SEC states: Protocol staking is not a securities transaction. The U.S. regulatory agency SEC (Securities and Exchange Commission) recently clarified that as long as staking activities are based on the protocol itself, they do not constitute securities transactions. This essentially legitimizes ETH staking, reduces regulatory risks, and provides the market with a sense of security.

3: Traditional major banks are also entering the ETH staking space. Recently, some heavyweight banks in the U.S. have begun participating in Ethereum staking. This indicates that the traditional financial sector is starting to recognize the value and potential of crypto assets. Such a trend not only enhances ETH's image as a 'regular army' but may also pave the way for broader applications in the future.

4: Ethereum staking ETFs are being advanced. Asset management company REX Shares recently submitted a new application to launch an ETF product that includes staking yields from Ethereum and Solana. This product structure is relatively clear and more friendly to investors, expected to be launched soon, allowing more people to participate in crypto asset yields in a traditional manner.

With so many positive developments, why do you think ETH's price isn't rising???