Ethereum Realized Cap Increases to $244.6 Billion After Pectra Upgrade

Ethereum's Realized Cap has risen to $244.6 billion, indicating increased capital inflow into the asset.

Key Points

Realized Cap climbed from $240.8 billion at the time of the Pectra upgrade on May 7 to $244.6 billion.
This represents an increase of approximately $3.8 billion (1.6%) in capital.
The Pectra upgrade introduced improvements, including staking enhancements and increased transaction capacity.
Prior to the upgrade, the Realized Cap had declined for three months, signaling outflows and a downtrend in Ethereum's price.
Ethereum's price rose from $1,800 to $2,500 since the upgrade.
Despite the uptick in Realized Cap, network activity has not seen significant growth; new and resurrected addresses decreased by 1.8% and 8.4%, respectively.
The churn rate of active addresses also fell by 8.5%, suggesting that while new interest is lacking, existing users are more engaged.

Ethereum is currently trading around $2,500, down over 4% in the past week.