The market value in ETHER increased by 42 % in five days after its successful launch to upgrade Pectra from ETHEREUM on Mainnet.
On May 12, the company’s 8MarkTCAP data is followed Show Ether (ETH) exceeded Coca -Cola and Albaba, ranked thirty -third in the world through the market value. ETH was traded by about $ 2550 at the time of publication, as the maximum market exceeds $ 308 billion.
In comparison, Coca-Cola shares are trading of about $ 70, giving them the maximum market of $ 303.5 billion. Alibaba shares are trading about $ 125, with a marketing of a market of $ 303.7 billion.
The last basic procedure for ETH comes in the wake of the network upgrade that improved the storage of Layer-2 scaling data, the audit user experience and the features of the smart account wallet.
Ethereum carries out the bars on Mainnet
It is originally scheduled in March 2025, Pectra faced delay after technical challenges arose during the test.
On February 24, the upgrade was published on the Holesky Testnet from Ethereum. After the publication, the promotion failed to finish the network, prompting the developers to investigate and address cases. On March 5, Pectra was put up to Sepolia Testnet, but developers faced errors that worsened by the attacker who caused the mining of empty blocks.
For more preparation for publication, Ethereum Core developer created a new test called “Hoodi” before finally promoted to Mainnet on May 7.
Through the upgrade, externally owned accounts (EOAS) can serve as smart contracts for covering gas and payments using symbols that are not eth. In addition, the auditor’s borders were increased to 2048 ETH from 32 ETH, simplifying the operations for their great benefit. The upgrade also increased the number of data points for each block, allowing the best expansion of the second layer networks.
Since the upgrade, the ETH price has escalated. On May 7, Al -Atheer was traded by about $ 1786, according to Coingecko. On May 12, the ether rose to $ 2550, which represents an increase in value by 42 %.
Related to: Vitalik Buterin determines the vision as it strikes Ethereum Ecosystem
Security specialists warn of the risks after the promotion of the firstborn
However, the promotion made security risks. After the upgrade, cybersecurity experts have warned that the attackers can take advantage of the type of new transaction to control EOAS without the signature of UNSAIN transactions.
Arda usman, Arda usman, Arda usman, warned in comments to CointeleGraph that these security gaps may allow attackers to drain money through messages signed by Offchain.
https://www.youtube.com/watch?
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