From Yahoo Finance.: 2025-05-09 16:42:00

Ethereum surged over 13% on Friday, surpassing Bitcoin and other cryptocurrencies. Coinbase introduced 24/7 trading for Ethereum and Bitcoin futures, adding to the excitement. Ethereum’s ecosystem saw similar gains, with Ether up 13.4% in the last 24 hours, along with other related assets like Wrapped Ethereum and Lido Staked Ether mirroring the price increase.

The Pectra upgrade to the Ethereum blockchain this week boosted security and introduced new features, simplifying application development. Coinbase’s launch of non-stop futures trading for Bitcoin and Ethereum could stabilize markets in the long run. Despite underperforming Bitcoin, Ethereum’s recent upgrades and trading features are driving investor interest.

Investors are eyeing Ethereum’s potential with recent upgrades. The Ethereum ecosystem surged on Friday, with related assets reflecting Ether’s gains. Coinbase’s 24/7 futures trading for Bitcoin and Ethereum could stabilize markets. Despite competition from faster platforms, Ethereum’s community-driven innovation continues to attract investors.



Read more at Yahoo Finance.: Why the Ethereum Ecosystem Soared on Friday