Ethereum Staking Activity Increases Following Pectra Upgrade

Ethereum's price has increased by 3.3% over the past week, currently trading at $1,820, with a 2.5% rise in the last 24 hours. Despite being below all-time highs, this uptick suggests a potential shift in investor sentiment.

Post-Pectra Staking Activity Marks Sentiment Shift

Analyst Kripto Mevsimi reports a reversal in staking flows post-Pectra upgrade.
Staked ETH supply dropped by over 1 million ETH from November 16 to February 15 due to investor uncertainty.
From mid-February to mid-May, staked ETH increased by approximately 627,000 ETH.
The Pectra upgrade introduced validator improvements and flexibility enhancements, possibly aiding institutional adoption.
This renewed staking trend indicates an early phase of repositioning within Ethereum’s ecosystem.

Ethereum Fee Revenue Declines Despite Price Recovery

Ethereum's daily fee revenue declined by 94.82%, from 5,646 ETH on November 13, 2024, to 292 ETH by May 6, 2025.
The decline in fee generation impacts validators' rewards for securing the network.
Reduced demand for block space and migration to Layer 2 solutions may contribute to lower fees.
Rising staking activity contrasts with declining fee revenue, indicating confidence in Ethereum’s long-term potential despite short-term on-chain slowdowns.