continued to see a surge in optimistic sentiment as prices remained above the $3700 level. Even though ETH’s price fluctuated significantly over the past new developments on the network were being made without any hindrances.The Ethereum developers held a meeting to discuss a planned upgrade to the Ethereum Beacon Chain called Pectra. This upgrade is designed to improve the network’s functionality.
To avoid this delay, they considered splitting Pectra into two parts, but this approach has drawbacks as well. These developments and discussions occurred in the backdrop of a controversy that took place before the Ethereum foundation. Following Cobie’s tweet, Ethereum Foundation researcher Justin Drake disclosed his advisory role at EigenLayer on 19th May.
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