Ethereum Soars 29% in Biggest Spike Since 2021: Pectra Upgrade Fuels Rally

Ethereum experienced its biggest single-day price surge since May 2021, rocketing nearly 29% after the successful deployment of the Pectra upgrade. This update marks a significant milestone for Ethereum as it improves scalability, staking efficiency, and user experience. The network’s recent performance has been bolstered by positive sentiment in both the crypto market and global economic events.