Experts believe Pectra could help drive Ethereum’s price past $2,000, a mark last seen on March 28. Tracy Jin, COO at MEXC, said that the upgrade could attract institutional interest. She said it may also draw developers back to the network, boosting Ethereum’s role in the Web3 space. ETH has already shown signs of strength. … Read more
Pectra Upgrade Highlights Activated on: Wednesday, at 10:05 UTC Finalized: Around 13 minutes later Type: Hard fork (a permanent change to the Ethereum network) This upgrade comes at a time when Ethereum is under pressure. It’s facing strong competition from other blockchains like Solana. Internally, there’s also tension about Ethereum’s direction and leadership. Main Changes … Read more
The second-biggest cryptocurrency, Ethereum, launched its first Pectra testnet. It is the successor to the previous upgrade, Dencun. This is a huge milestone for the blockchain and will eventually benefit the Ethereum price. Undoubtedly, this is going to be another bullrun for the cryptocurrency. Crypto price to rebound. For more about the history of .cwp-coin-chart … Read more