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$5,000 Calling: Will Pectra Lift Ethereum To Its Next All-time High?

After losing more than half its value for the year-to-date, sagging Ethereum (ETH) could be readying for a resurgence. 

On May 7th the number two blockchain’s long-awaited Prague-Electra (Pectra) upgrade will leave the testnet and move to go-live. It promises to improve user experience, enhance network efficiency, lower gas fees and make life easier for institutions looking to bring assets and services into the DeFi ecosystem.

Removing barriers to entry for TradFi is crucial. Pectra accommodates bigger staking positions by reducing the need for multiple network nodes. With a less onerous process, Ethereum caretakers hope to create stronger liquidity lockups and an environment…

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