Ethereum (ETH) Dips Despite Pectra Test, Impressive Whale Buying Spree

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Ethereum (ETH) Dips Despite Pectra Test, Impressive Whale Buying Spree
Ethereum

ETH
$2 019

24h volatility:
2.1%

Market cap:
$243.64 B

Vol. 24h:
$13.35 B

deployed the Pectra upgrade on the Hoodi testnet, the last of the three tests, on March 26, getting closer to the mainnet upgrade.
The Pectra upgrade is expected to significantly improve Ethereum’s scalability and security, helping it offer services to more users without facing congestion issues. It will also improve the proof-of-stake network’s transaction throughput and reduce the latency.

Pectra just finalized on Hoodi! 🥳🥳 https://t.co/RtsdamVUJm pic.twitter.com/euAeguHFhM
— beaconchain.eth 📡 (@beaconcha_in) March 26, 2025

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