Ethereum just yeeted itself out of bed and skyrocketed over 20%—trading above $2,340 and making everyone who panic-sold last week cry into their cold brew.
Why the pump? Glad you asked:
Pectra Upgrade Dropped Like a Mixtape Ethereum just got a major glow-up with its Pectra upgrade—better wallets, higher staking limits, and more scalability. Basically, ETH said: “I fixed myself. Now watch me fly.”
Jerome Powell Didn’t Ruin the Party (For Once) The Fed held interest rates steady, and markets sighed in relief. Add a sprinkle of U.S.-U.K. trade deal optimism and boom—ETH starts moonwalking.
Whales Be Whalin’ Institutions are back at it. Abraxas Capital pulled $116M in ETH off exchanges like they were taking snacks off the shelf before a storm. Smart money loading up = community bullish AF.
Chart Bro Magic ETH just broke a six-month downtrend like it owed it money. Now the TA crowd is out here drawing lines, circles, and summoning $3K targets like wizards in a bull robe.