Ethereum's recent Pectra upgrade, implemented on May 7, introduces necessary enhancements aimed at invigorating network activity and decentralized application (DApp) use. Despite these upgrades, Ethereum's price response was tepid, failing to rise significantly, with Ether currently around $1,810. Analysts highlight that for Ethereum to reclaim the critical $2,200 level, rejuvenation in DApp activity and staking yields is essential. The lack of a price rally post-upgrade has been attributed to macroeconomic uncertainties and a general decline in trader interest in Ether, which has underperformed relative to the wider cryptocurrency market in early 2025. Ethereum's future may require bolstered interoperability with DApps and improvements in user experience to attract more participants, especially as competing blockchains like Solana and Tron capture larger shares of the market.

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