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Ethereum Shows No Spike in Network Engagement Despite Successful Pectra Upgrade

  • 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.

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