Ethereum recently experienced a significant boost in market value, jumping 20% following the successful launch of its Pectra upgrade. This upgrade has fueled investor confidence and sparked speculations about Ethereum potentially reaching the $3,000 mark in the near future. The upgrade is designed to enhance network efficiency and user experience, which could attract more developers and projects to the Ethereum blockchain. As investors keep a close eye on Ethereum’s performance, the Pectra upgrade stands out as a pivotal moment that could reshape the crypto landscape.