Ethereum’s Pectra Upgrade Fails to Spark Price Rally

Despite high expectations for Ethereum’s Pectra upgrade, the initial market reaction has been muted. No significant price surge was observed despite efforts from core developers like Vitalik Buterin and Tim Beiko. The lack of substantial impact on ETH’s pricing suggests a possible lack of immediate investor interest in this particular upgrade. Analysts are observing a potential market fatigue towards Ethereum upgrades, highlighting that changes aren’t immediately reflected in the market price.