Ethereum, long considered the sleeping giant of the crypto world during this current market cycle, has at last let loose a thundering rally and come back to life. After a year during which it underperformed not only Bitcoin but also many other major assets, Ether (ETH) has surged by more than 50% from $1,800 to $2,700. The rally has concentrated much of its power into the days since May 7, 2025, accomplishing what many had long hoped for. The much-anticipated Pectra upgrade, which went live on May 7, catalyzed this dramatic move. It appears to have reignited investor confidence, triggering
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