Ethereum Surges Following Pectra Upgrade
- Bitcoin reclaimed the $100,000 mark during a market rally.
- Ethereum (ETH) gained over 15% in 24 hours on Friday.
- ETH surpassed $2,400, its highest level in over three months.
- The Pectra upgrade improved Ethereum’s scalability and user-friendliness.
- ETH’s price increased by 30% in the past 48 hours, while Bitcoin rose by 8%.
The recent surge in Ethereum’s value is attributed to the successful implementation of the Pectra upgrade, which enhanced network efficiency. ETH’s price climbed above $2,400, marking a significant increase compared to Bitcoin’s more modest rise.
Source (2.6)https://decrypt.co/318897/why-ethereum-explosive-gains?rand=52368
