The high market in Ethereum rises by 42 % after Pectra upgrade

The market value of Ethereum increased by 42 %. The value of the market ceiling from ETHEREUM is now 308 billion dollars, and more than large companies such as Coca-Cola (303.5 billion dollars) and Albaba (303.7 billion dollars), making it 39 the largest assets in the world, according to what it said. 8marketcap.

The Pectra, which was launched on May 7, led this height. ETHEREUM price increased from $ 1786 to $ 2550. Ethereum has made faster and easier to use, and better in dealing with multiple transactions. Improvements made more powerful, as giants like Coca-Cola and Alibaba were suppressed.

People and encryption fans were more enthusiastic with the increase in ETH value. However, the upgrade had problems. According to reports, she was planned in March 2025, but she was late. When the developers tried it on the HOLESKY test network on February 24, that was not working properly, so they had to repair it before moving forward.

More problems appeared on the Sepolia test network on March 5, and was aggravated by a person on the purpose of creating useless blocs to tampering with the system. These problems were forced to fix things before the final launch.

To solve the problems related to Pectra, Ethereum Developments has made a new test network called Hoodi to test everything before launching it on the main Ethereum network.

The upgrade, which was broadcast on May 7, 2025, is some main things: it makes it easier to store data for the fastest transactions on the second layer networks, and increases the amount of ETH health can share them from 32 ETH to 2048 ETH, and allows regular user accounts (EOAS) to work like smart contracts.

This update allowed its users to pay transaction fees with any symbols other than ETH, which made things more flexible. Pectra promoted ETHER, but also brings some security risks. Experts, such as the ARDA USMAN auditor, warn that a new way to deal with transactions can allow infiltrators to control user accounts (EOAS) without the need for approvals on the chain, and perhaps stealing money through messages outside the chain.

Despite these concerns, improvements from the upgrade, such as dealing with more data for each block of layer 2 networks, excite people as they enhance Ethereum performance. The rapid rise in ETH indicates that ETHEREUM has become an important player in the field of decentralization (Defi).

However, the concerned persons urge everyone to maintain their caution and fix these safety problems to keep the network safe as Ethereum continues to improve.

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