#贸易战缓和 3 Ethereum surged 40% what happened” directly topped Douyin's hot list, there's another big scoop in the crypto world!

In just 3 days, the price of Ethereum skyrocketed from $1811 to $2597, a 40% increase that’s more thrilling than a roller coaster ride!

There are several reasons for this surge in Ethereum this time. Firstly, on May 7th, the successful completion of the Pectra upgrade marked an important milestone in its development history. This upgrade brought 11 key improvements, raising the validator single address staking limit from 32 ETH to 2048 ETH, greatly enhancing its appeal to institutional investors, leading to a flood of capital influx. The number of Blobs increased from 3 to 6, significantly boosting theoretical throughput, enhancing transaction processing capabilities, and reducing Layer 1 transaction costs, making it more competitive. EIP-7002 allows validators to exit safely, reducing risks, and the subsequent Fusaka upgrade plan paves the way for large-scale application scenarios, investor confidence is unprecedentedly high, and they are buying in droves, driving prices up.