{"id":156360,"date":"2025-05-08T17:00:02","date_gmt":"2025-05-08T14:00:02","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=156360"},"modified":"2025-05-08T16:08:11","modified_gmt":"2025-05-08T13:08:11","slug":"pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/","title":{"rendered":"Pectra is Boosting Ethereum Network, Pushing the Price Toward $2,000"},"content":{"rendered":"<p>On-chain data shows a significant contraction in the supply of Ethereum in circulation, which is currently at an 18-day low of approximately 120.69 million ETH.This decline is due to increased user activity on the first layer network.<\/p>\n<p>Glassnode reported that on May 7, the number of unique active addresses reached a 30-day high of 474,044, signaling a resumption of user activity.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-156361 aligncenter\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/05\/eth-aa-1024x576.webp\" alt=\"ethereum glassnode\" width=\"800\" height=\"450\"><\/p>\n<p>The surge in activity also affected the burn rate of ETH. According to <a href=\"https:\/\/etherscan.io\/\" target=\"_blank\" rel=\"nofollow\"><b>Etherscan<\/b><\/a>, the daily amount rose to its highest level since early May, further tightening the supply in circulation.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoins-realized-cap-hits-record-as-market-eyes-six-figure-return\/\" title=\"Bitcoin\u2019s Realized Cap Hits Record as Market Eyes Six-Figure Return\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/01\/btc-bitcoin-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin\u2019s Realized Cap Hits Record as Market Eyes Six-Figure Return<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Although these developments suggest potential upward pressure on the price of ETH, market analysts advise caution.<\/p>\n<p>In summary, the Pectra upgrade has led to increased network activity and reduced circulating supply, factors that could influence Ethereum\u2019s price trajectory. However, broader market conditions and investor sentiment will play a decisive role in determining the extent of price movements.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest upgrade to Ethereum, Pectra, implemented on May 7, has begun to influence the dynamics of supply on the network.<\/p>\n","protected":false},"author":9,"featured_media":106447,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-156360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pectra is Boosting Ethereum Network, Pushing the Price Toward $2,000<\/title>\n<meta name=\"description\" content=\"The latest upgrade to Ethereum, Pectra, implemented on May 7, has begun to influence the dynamics of supply on the network.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pectra is Boosting Ethereum Network, Pushing the Price Toward $2,000\" \/>\n<meta property=\"og:description\" content=\"The latest upgrade to Ethereum, Pectra, implemented on May 7, has begun to influence the dynamics of supply on the network.\" \/>\n<meta property=\"og:site_name\" content=\"CryptoDnes EN\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-08T14:00:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/ethereum-6.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Alexander Zdravkov\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alexander Zdravkov\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/\"},\"author\":{\"name\":\"Alexander Zdravkov\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/4ee541130c110832e7b2b9e3f8e56360\"},\"headline\":\"Pectra is Boosting Ethereum Network, Pushing the Price Toward $2,000\",\"datePublished\":\"2025-05-08T14:00:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/\"},\"wordCount\":159,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/ethereum-6.webp\",\"articleSection\":[\"Altcoins\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/#respond\"]}],\"copyrightYear\":\"2025\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptodnes.bg\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/\",\"url\":\"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/\",\"name\":\"Pectra is Boosting Ethereum Network, Pushing the Price Toward $2,000\",\"isPartOf\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/ethereum-6.webp\",\"datePublished\":\"2025-05-08T14:00:02+00:00\",\"description\":\"The latest upgrade to Ethereum, Pectra, implemented on May 7, has begun to influence the dynamics of supply on the network.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/#primaryimage\",\"url\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/ethereum-6.webp\",\"contentUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/ethereum-6.webp\",\"width\":1200,\"height\":800},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptodnes.bg\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Altcoins\",\"item\":\"https:\/\/cryptodnes.bg\/en\/news\/altcoins\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Pectra is Boosting Ethereum Network, Pushing the Price Toward $2,000\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\",\"url\":\"https:\/\/cryptodnes.bg\/en\/\",\"name\":\"CryptoDnes EN\",\"description\":\"Crypto News, Bitcoin Analysis and More\",\"publisher\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#organization\",\"name\":\"CryptoDnes EN\",\"url\":\"https:\/\/cryptodnes.bg\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg\",\"contentUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg\",\"caption\":\"CryptoDnes EN\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/4ee541130c110832e7b2b9e3f8e56360\",\"name\":\"Alexander Zdravkov\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/photo_2025-04-09-16.32.20-150x150.jpeg\",\"contentUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/photo_2025-04-09-16.32.20-150x150.jpeg\",\"caption\":\"Alexander Zdravkov\"},\"url\":\"https:\/\/cryptodnes.bg\/en\/author\/alexander_zdravkov\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Pectra is Boosting Ethereum Network, Pushing the Price Toward $2,000","description":"The latest upgrade to Ethereum, Pectra, implemented on May 7, has begun to influence the dynamics of supply on the network.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/","og_locale":"en_US","og_type":"article","og_title":"Pectra is Boosting Ethereum Network, Pushing the Price Toward $2,000","og_description":"The latest upgrade to Ethereum, Pectra, implemented on May 7, has begun to influence the dynamics of supply on the network.","og_site_name":"CryptoDnes EN","article_published_time":"2025-05-08T14:00:02+00:00","og_image":[{"width":1200,"height":800,"url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/ethereum-6.webp","type":"image\/webp"}],"author":"Alexander Zdravkov","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Alexander Zdravkov","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/#article","isPartOf":{"@id":"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/"},"author":{"name":"Alexander Zdravkov","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/4ee541130c110832e7b2b9e3f8e56360"},"headline":"Pectra is Boosting Ethereum Network, Pushing the Price Toward $2,000","datePublished":"2025-05-08T14:00:02+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/"},"wordCount":159,"commentCount":0,"publisher":{"@id":"https:\/\/cryptodnes.bg\/en\/#organization"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/ethereum-6.webp","articleSection":["Altcoins"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/#respond"]}],"copyrightYear":"2025","copyrightHolder":{"@id":"https:\/\/cryptodnes.bg\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/","url":"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/","name":"Pectra is Boosting Ethereum Network, Pushing the Price Toward $2,000","isPartOf":{"@id":"https:\/\/cryptodnes.bg\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/#primaryimage"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/ethereum-6.webp","datePublished":"2025-05-08T14:00:02+00:00","description":"The latest upgrade to Ethereum, Pectra, implemented on May 7, has begun to influence the dynamics of supply on the network.","breadcrumb":{"@id":"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/#primaryimage","url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/ethereum-6.webp","contentUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/ethereum-6.webp","width":1200,"height":800},{"@type":"BreadcrumbList","@id":"https:\/\/cryptodnes.bg\/en\/pectra-is-boosting-ethereum-network-pushing-the-price-toward-2000\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptodnes.bg\/en\/"},{"@type":"ListItem","position":2,"name":"Altcoins","item":"https:\/\/cryptodnes.bg\/en\/news\/altcoins\/"},{"@type":"ListItem","position":3,"name":"Pectra is Boosting Ethereum Network, Pushing the Price Toward $2,000"}]},{"@type":"WebSite","@id":"https:\/\/cryptodnes.bg\/en\/#website","url":"https:\/\/cryptodnes.bg\/en\/","name":"CryptoDnes EN","description":"Crypto News, Bitcoin Analysis and More","publisher":{"@id":"https:\/\/cryptodnes.bg\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/cryptodnes.bg\/en\/#organization","name":"CryptoDnes EN","url":"https:\/\/cryptodnes.bg\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/","url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg","contentUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg","caption":"CryptoDnes EN"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/4ee541130c110832e7b2b9e3f8e56360","name":"Alexander Zdravkov","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/","url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/photo_2025-04-09-16.32.20-150x150.jpeg","contentUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/photo_2025-04-09-16.32.20-150x150.jpeg","caption":"Alexander Zdravkov"},"url":"https:\/\/cryptodnes.bg\/en\/author\/alexander_zdravkov\/"}]}},"modified_by":"Alexander Zdravkov","_links":{"self":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/156360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/comments?post=156360"}],"version-history":[{"count":1,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/156360\/revisions"}],"predecessor-version":[{"id":156362,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/156360\/revisions\/156362"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media\/106447"}],"wp:attachment":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media?parent=156360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/categories?post=156360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/tags?post=156360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}