What happened to Ethereum's explosive rise of 40% in just $BTC 3 days? It directly topped the Douyin hot list at number one, and there's another big scoop in the crypto world!

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

There are several reasons for this surge in Ethereum. First, the successful completion of the Pectra upgrade on May 7 marked a significant milestone in its development journey. This upgrade brought 11 key improvements, raising the single address staking cap for validators from 32 ETH to 2048 ETH, greatly attracting institutional investors, leading to a massive influx of funds. The number of blobs increased from 3 to 6, significantly enhancing theoretical throughput, strengthening transaction processing capabilities, and lowering 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 larger-scale application scenarios, resulting in unprecedented confidence among investors, who are buying in droves, driving prices up.