#ETHCrossed2500 Ethereum experienced a significant resurgence this past week, marked by the successful implementation of its Pectra upgrade on May 7—the most substantial overhaul since the 2022 Merge. The upgrade introduced 11 Ethereum Improvement Proposals (EIPs), enhancing wallet usability, increasing the staking cap from 32 to 2,048 ETH per validator, and improving overall network efficiency. These changes aim to streamline staking processes and bolster scalability. Following the upgrade, Ethereum's price surged over 44%, reaching above \$2,600, signaling renewed investor confidence. However, some concerns have emerged regarding potential security vulnerabilities introduced by the new features, prompting discussions within the community about the need for further refinements.([MarketWatch][1], [Cointelegraph][2])
[1]: https://www.marketwatch.com/story/could-ethereums-pectra-upgrade-power-an-ether-comeback-8b37bcc9?utm_source=chatgpt.com "Could Ethereum's Pectra upgrade power an ether comeback?"
[2]: https://cointelegraph.com/news/ethereum-to-10k-cant-be-ruled-out-eth-price-gains-sol-xrp?utm_source=chatgpt.com "Ethereum to $10K 'can't be ruled out' as ETH price ... - Cointelegraph"