Web3 Daily Report 2025-05-09
Ethereum surged 22% in a single day, marking a long-awaited rally primarily driven by the technical improvements brought by the Pectra upgrade. This upgrade not only enhanced Ethereum's performance and security but also laid a solid foundation for future scalability. Meanwhile, changes in market sentiment also contributed to this wave of growth. Bitcoin's price once again broke through the $100,000 mark, though the market sentiment index indicates cautious investor attitudes. In corporate news, Coinbase announced a $2.9 billion acquisition of Deribit, a major move that has drawn widespread attention within the industry. Lastly, the latest developments in the TRUMP dinner rankings have also become a noteworthy topic. These hot events not only depict the current state of the cryptocurrency market but also provide rich material for discussions about its future development.
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