Ethereum successfully completed the Pectra upgrade two weeks ago, but network engagement has not increased as expected.
The upgrade introduced 11 Ethereum Improvement Proposals (EIPs) to enhance user experience and network functionality.
Despite the technical improvements, there has been a decline in new and resurrected Ethereum addresses post-upgrade.
While Ethereum's Realized Cap has shown a 1.6% increase since May 7, there has been no significant spike in user engagement following the Pectra upgrade.