Ethereum has launched the much-anticipated Pectra upgrade, now live on the mainnet since May 7. This significant update introduces a range of Ethereum Improvement Proposals designed to enhance the network’s efficiency, scalability, and overall user experience. Industry experts debate whether these enhancements could propel Ethereum’s price to the coveted $2000 mark. As the network aims for improved staking efficiency and interoperability, many are optimistic about the potential for a price rally. Investors closely monitor the developments following this upgrade, gauging its impact on ETH’s market performance and future trajectory.