$3.8 Billion In Capital Inflows Behind Ethereum’s Post-Pectra Surge, Data Shows

Summary

Ethereum's Realized Cap has increased to $244.6 billion, reflecting a capital influx following the Pectra upgrade on May 7th, which enhanced staking and transaction capacity. The Realized Cap measures the total value of Ethereum based on the last transaction price of each token. Prior to the upgrade, the Realized Cap peaked in early February but experienced a decline for three months, indicating capital outflows. Post-upgrade, it rose by approximately $3.8 billion (1.6%). Ethereum's price surged from $1,800 to $2,500. However, network activity has decreased, with new and resurrected addresses down by 1.8% and 8.4%, respectively, suggesting limited interest from new users despite increased engagement among existing ones. Ethereum is currently trading at $2,500, down over 4% in the past week.