Ethereum is up 8% since last week, and over 3% today - yet there’s been an overall retreat when examined over a broader timeline.
However, the current growth of $ETH has many strong reasons:
🔹Staking Surge: Nearly 29% of ETH is now staked, showing strong support from whales and institutional investors. This could mean reduced supply, which may stabilize prices.
🔹Network Upgrades: The recent Pectra fork is set to improve Ethereum’s scalability, making it even more developer-friendly.
🔹Decentralization Focus: Vitalik Buterin’s ongoing efforts to address staking centralization are key to keeping the network secure. 🔑
With strategic upgrades and investor accumulation, ETH might be setting the stage for a future rally!
#Ethereum #VitalikButerin #Vitalik #PectraUpgrade