The Ethereum (ETH) community celebrates the launch of the Pectra upgrade, now live. With the cryptocurrency trading around $1,800 and a total market cap of $220 billion, recent market activity indicates a cautious optimism.

While ETH’s recent price movements suggest a period of consolidation, the newly implemented network upgrades signal strong potential for future bullish momentum. With growing institutional interest, investors are increasingly optimistic about ETH’s long-term prospects.

This combination of upgrades and market sentiment could create significant opportunities for ETH holders. As the Ethereum ecosystem expands, monitoring these developments will be crucial for investors.