This trading pair will be delisted on 10 February 2025, 10:00 (UTC), please be aware of the potential risks when trading

Last week, Ethereum completed the Pectra upgrade—one of its most significant updates in the past three years. The upgrade improved the staking mechanism, expanded Layer 2 blob support, and introduced account abstraction. Around the same time, Ethereum co-founder Vitalik Buterin proposed simplifying the network's architecture to boost long-term resilience and competitiveness, aiming to reach Bitcoin-level simplicity within five years. Leadership changes at the Ethereum Foundation also signaled a renewed commitment to reform and sustainable growth. These developments reignited market confidence, especially among long-term ETH holders, and triggered a sharp price rally of nearly 40% in just over a day—pushing ETH to the top of trending searches on platforms like TikTok. The broader Ethereum ecosystem surged as well, with the liquid staking sector leading the way.