#TradeStories Ethereum $ETH

Upgrade: Ethereum’s Pectra upgrade went live on May 7, 2025, introducing smart accounts, higher staking limits, and improved scalability via EIPs like EIP-7702, enhancing transaction flexibility and network efficiency.Regulatory Developments: The U.S. is shifting toward a pro-crypto stance under the Trump administration, with an executive order prioritizing digital assets and a new SEC Crypto Task Force to streamline regulations. However, Democrats are pushing back, citing conflicts of interest with Trump’s crypto ventures, like World Liberty Financial’s $2 billion Emirati deal, delaying bills like the GENIUS Act. The UK released draft crypto legislation, and Arizona signed HB 2749, creating a crypto reserve for unclaimed assets.Institutional Moves: Banks are increasingly adopting crypto services, with the FDIC softening its stance, allowing banks to treat crypto like traditional banking services. Mastercard is expanding #StripeStablecoinAccounts stablecoin support, and Morgan Stanley noted $BTC Bitcoin’s market cap qualifies it as a potential U.S. reserve asset.Emerging Projects: New coins like Solaxy (Solana’s first Layer 2) and #BTCBreaks99K BTC Bull Token are gaining traction, with Solaxy raising $33 million in presale. Tokenization and DeFi are expected to drive growth, though scams using Telegram bots are rising.