What happened to Ethereum, which skyrocketed by 40% in just $BTC 3 days, directly topping the Douyin hot list at number one? It seems there are big news in the crypto world again! In just 3 days, Ethereum's price rocketed from $1811 to $2597, a 40% increase more thrilling than a roller coaster! The reasons for this surge in Ethereum are numerous. 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, increasing the single address staking limit for validators from 32 ETH to 2048 ETH, greatly attracting institutional investors, leading to a flood of capital. The number of blobs increased from 3 to 6, significantly enhancing theoretical throughput, strengthening 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, boosting investor confidence to unprecedented levels, prompting them to buy in and pushing prices higher.