Ethereum's price has shown a moderate recovery, trading at $1,820 with a 3.3% increase over the last week and a 2.5% gain in the past 24 hours.
Post-Pectra upgrade, Ethereum's staked supply has increased by approximately 627,000 ETH, signaling a return of staking activity and renewed interest in Ethereum's long-term potential.
The Pectra upgrade introduced validator improvements and flexibility enhancements, potentially paving the way for institutional adoption or ETF alignment.
Despite the increase in staking activity, Ethereum's fee revenue has significantly declined by 94.82% from November 13, 2024, to May 6, 2025, impacting validator rewards directly.