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Ethereum’s Meteoric Rise: A 42% Surge in Five Days

Ethereum’s Meteoric Rise: A 42% Surge in Five Days

Published:
2025-05-13 19:01:39
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Ethereum’s native cryptocurrency, ETH, has experienced a staggering 42% rally in just five days, surpassing the market capitalization of traditional giants like Coca-Cola and Alibaba. This remarkable surge follows the successful implementation of the Pectra upgrade, which has significantly enhanced Ethereum’s scalability, staking efficiency, and overall network usability. As of May 14, 2025, Ethereum’s explosive performance highlights its growing dominance in the cryptocurrency sphere, solidifying its position as a leading digital asset. The upgrade has not only improved technical capabilities but also boosted investor confidence, driving substantial market gains. This development underscores Ethereum’s potential to continue outperforming traditional financial assets, making it a focal point for both institutional and retail investors. The crypto community is abuzz with speculation about Ethereum’s future trajectory, with many anticipating further gains as adoption and innovation accelerate.

Ethereum Surges 42% in Five Days, Overtaking Coca-Cola and Alibaba in Market Cap

Ethereum’s native cryptocurrency, ETH, has staged a remarkable 42% rally over just five days, propelling its market capitalization past traditional giants like Coca-Cola and Alibaba. The surge follows the implementation of the Pectra upgrade, which enhances scalability, staking efficiency, and overall network usability.

This explosive performance underscores Ethereum’s growing dominance in the crypto sphere, even as security concerns linger. The network’s ability to outpace legacy corporations signals a broader shift in financial paradigms—where decentralized protocols increasingly challenge established market hierarchies.

Ethereum (ETH) Price Rally Builds Momentum: Bullish Pattern Signals Breakout

Ethereum’s price surged 42% in three days, breaking through the $2,500 resistance level with a bullish ’triple WHITE soldier’ candlestick pattern. The rally from $1,812 to $2,584 has placed 6.61 million ETH holders near break-even, with $67 million in unrealized profits now within reach.

Liquidation risks loom large as a 3% price swing could trigger $786 million in short liquidations or $715 million in long squeezes. Technical indicators suggest further upside potential, with a rounding bottom formation pointing toward the psychologically critical $3,000 level.

Nonprofit Infinite Node Foundation Acquires CryptoPunks IP from Yuga Labs

The Infinite Node Foundation, a newly established nonprofit, has acquired the intellectual property of CryptoPunks, the influential ethereum NFT collection, from Yuga Labs. The Foundation will oversee the project with a focus on preservation, community engagement, and expansion.

CryptoPunks, a 10,000-piece collection created by Larva Labs in 2017, has seen its floor price surge 74% in the past week to over $123,000, buoyed by Ethereum’s recent price rally. The Infinite Node Foundation had previously announced a $25 million grant in April to support the future of digital art.

Yuga Labs, the creator of Bored APE Yacht Club, will no longer steward the CryptoPunks collection as it shifts its focus elsewhere. The acquisition marks a significant transition for one of the most iconic projects in the NFT space.

Plutus Launches PLUS More on Base: A New Era of Tokenised Loyalty Rewards

Plutus, a pioneer in on-chain integrated finance, has launched PLUS More—a new feature for PLU stackers designed to maximize savings on spending with the Plutus Card. This initiative builds on Plutus’ legacy as the first to tokenize real-world assets (RWA) through on-chain loyalty rewards with Pluton (PLU) in 2015. Over the past decade, PLU has delivered $58M in in-app savings.

Hosted on Base, Ethereum’s LAYER 2 incubated by Coinbase, PLUS More represents a paradigm shift in loyalty rewards. It transitions control from corporations to consumers, embedding rewards within the open, permissionless framework of decentralized finance. The move underscores Plutus’ commitment to on-chain utility and consumer empowerment.

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