Ethereum has experienced a historic rally, surging 16% after the launch of its groundbreaking Pectra upgrade. This marks the most significant jump in nearly four years, with prices climbing from around $1,900 to over $2,300. The Pectra upgrade represents a major overhaul, enhancing staking efficiency and improving validator operations, along with increased Layer 2 scalability. As Ethereum transitions through this pivotal upgrade, many investors are optimistic about the future trajectory of ETH prices.