#美国加征关税 3 The explosive rise of Ethereum by 40% - What happened?" Directly topped the Douyin hot list at number one, is there another big scoop in the crypto world!
In just 3 days, the price of Ethereum skyrocketed from $1811 to $2597, a 40% increase that is more thrilling than a roller coaster ride!
There are several reasons for this surge in Ethereum. First, on May 7, 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 from 32 ETH to 2048 ETH, which greatly enhances its appeal to institutional investors, resulting in a massive influx of funds. 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 plans pave the way for large-scale application scenarios, leading to unprecedented investor confidence, with many buying in, driving the price to soar.