ETH Surges 20%, Biggest Gain Since 2021 as Pectra Upgrade Helps Restore 'Confidence'

coindesk.com/markets/2025/05/08/eth-surges-20-biggest-gain-since-2021-as-pectra-upgrade-helps-restore-confidence

Ethereum's ether ETH led the market in early Asia hours as traders reacted favorably to the protocol's recent Pectra upgrade, sending the token up nearly 20%, the biggest gain since 2021, and trading above $2100 according to market data from CoinDesk.
The move comes amid a broader crypto…

This story appeared on coindesk.com, 2025-05-09 01:51:45.
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