Ethereum Soars 42% in Five Days, Outperforming Coca-Cola and Alibaba

Ethereum has experienced an astonishing surge in value, rising over 42% in just five days to reach a new all-time high. This unprecedented growth surpasses both Coca-Cola and Alibaba in market capitalization. Analysts attribute this remarkable rise to the positive impact of the Pectra upgrade, which enhances the network’s scalability, staking capabilities, and user experience. This shift towards a decentralized financial system has been witnessed by traditional markets as they face the challenge from blockchain’s rapid ascent.