The Pectra update for Ethereum was officially activated at epoch 364032 — and quickly became the center of attention thanks to groundbreaking improvements for smart contracts.
According to a report from Cointelegraph, Pectra brings a significant improvement in execution performance, while laying the foundation for a smoother, more flexible, and scalable DeFi ecosystem.
We can expect a strong wave of development from the community, dApps to be optimized and lighter, and entirely new use cases that have never appeared before.
I have forecasted that there will be strong volatility in price behavior due to the update along with economic news.
🔴 Currently, the price of ETH is around ~1940 - a nearly 9% increase. The reaction level to observe is at 2000.
Could this just be the beginning of ETH after improvements? Please share your thoughts!
#TradeStories #RbapCrypto #PectraUpgrade $ETH
