In recent times, Ethereum (ETH) has been attracting significant attention. On May 7, the Pectra upgrade was successfully implemented, introducing key improvements such as a higher staking cap and account abstraction, which served as technical support for the price increase. After the upgrade, its price rebounded strongly in the short term, surging over 40% in three days and briefly approaching $2600. Recently, the ETH price has been fluctuating around $2800, with institutions continuing to buy in, and ETFs experiencing significant net inflows for three consecutive weeks. On-chain activity has also reached new highs, with monthly trading volume and stablecoin supply both breaking records.