PANews reported on May 20 that Glassnode published a post on the X platform stating that since the Pectra upgrade, Ethereum's realized market value (a measure of the total capitalization of the asset) has soared from $240.8 billion on May 7 to $244.6 billion on May 19. This is equivalent to an increase of $3.8 billion (+1.6%), reversing a three-month downward trend since February.
Ethereum has seen a $3.8 billion increase in market cap since Pectra upgrade, reversing a three-month downward trend
Share to:
Author: PA一线
This content is provided for informational purposes only and does not constitute investment advice.
Follow PANews official accounts, let's navigate bull and bear markets together
Recommended Reading
PA一线2 hour agoPA一线3 hour agoPA一线4 hour ago
PA日报7 hour ago
曼昆区块链8 hour ago
PAData: Web3 in Data
Data analysis and visualization reporting of industry hot spots
AI Agent: The Journey to Web3 Intelligence
The AI Agen innovation wave is sweeping the world. How will it take root in Web3? Let’s embark on this intelligent journey together
Pioneer's View: Crypto Celebrity Interviews
Exclusive interviews with crypto celebrities, sharing unique observations and insights
Memecoin Supercycle: The hype around attention tokenization
From joke culture to the trillion-dollar race, Memecoin has become an integral part of the crypto market. In this Memecoin super cycle, how can we seize the opportunity?