Best Crypto to Buy as Ethereum Makes 4-Year History with Pectra Upgrade
The post Best Crypto to Buy as Ethereum Makes 4-Year History with Pectra Upgrade appeared on BitcoinEthereumNews.com. Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ok, Ethereum – where did THAT come from? Ethereum – the long-suffering poster-boy for altcoins – has been languishing in Bitcoin’s shadow for what feels like ages. After all-time-highs over $4K in December, it declined well over 50%, hitting lows near $1500 in April. But, fueled by a long-awaited Pectra upgrade and with ERC-20 tokens as popular as ever, Ethereum’s roaring back to life. With Ethereum back, here’s our list of the best crypto to buy even as the broader crypto market surges to new life. Pectra Upgrade to the Rescue On May 7, 2025, Ethereum implemented the Pectra upgrade, its most substantial overhaul since the 2022 Merge. This upgrade introduced 11 Ethereum Improvement Proposals (EIPs), notably: EIP-7251: Increased the staking limit per validator from 32 ETH to 2,048 ETHEIP-7702: Enabled account abstraction, allowing users to pay gas fees with tokens other than ETH and bundle multiple actions into a single transaction. These enhancements improved validator operations and Layer 2 scalability. Another EIP, number 7691, focused on improving Ethereum’s blob performance, which is a unit of ‘ephemeral data storage’ for L2s. Pectra increased the average and max blobs per block from 3 and 6 to 6 and 9. In the end, Pectra contributed to a 20% rise in ETH’s price, marking its largest single-day gain since May 2021. It might feel like Ethereum’s coming back to life, but that’s a bit misleading; the world’s leading DeFi protocol never died, it just seemed to lose a bit of momentum. ut recent announcements from the Ethereum Foundation show just how bright the future looks. Ethereum Foundation Allocates $32.65M to Layer 2 Efficiency and Education The Ethereum Foundation has committed $32.65M in grants through its Ecosystem Support Program (ESP) to…
The post Best Crypto to Buy as Ethereum Makes 4-Year History with Pectra Upgrade appeared on BitcoinEthereumNews.com.
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ok, Ethereum – where did THAT come from? Ethereum – the long-suffering poster-boy for altcoins – has been languishing in Bitcoin’s shadow for what feels like ages. After all-time-highs over $4K in December, it declined well over 50%, hitting lows near $1500 in April. But, fueled by a long-awaited Pectra upgrade and with ERC-20 tokens as popular as ever, Ethereum’s roaring back to life. With Ethereum back, here’s our list of the best crypto to buy even as the broader crypto market surges to new life. Pectra Upgrade to the Rescue On May 7, 2025, Ethereum implemented the Pectra upgrade, its most substantial overhaul since the 2022 Merge. This upgrade introduced 11 Ethereum Improvement Proposals (EIPs), notably: EIP-7251: Increased the staking limit per validator from 32 ETH to 2,048 ETHEIP-7702: Enabled account abstraction, allowing users to pay gas fees with tokens other than ETH and bundle multiple actions into a single transaction. These enhancements improved validator operations and Layer 2 scalability. Another EIP, number 7691, focused on improving Ethereum’s blob performance, which is a unit of ‘ephemeral data storage’ for L2s. Pectra increased the average and max blobs per block from 3 and 6 to 6 and 9. In the end, Pectra contributed to a 20% rise in ETH’s price, marking its largest single-day gain since May 2021. It might feel like Ethereum’s coming back to life, but that’s a bit misleading; the world’s leading DeFi protocol never died, it just seemed to lose a bit of momentum. ut recent announcements from the Ethereum Foundation show just how bright the future looks. Ethereum Foundation Allocates $32.65M to Layer 2 Efficiency and Education The Ethereum Foundation has committed $32.65M in grants through its Ecosystem Support Program (ESP) to…
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