From Coin Telegraph
May 12, 2025 5:16:00 am:

1. Ether’s market capitalization surges 42% in five days after successful launch of Ethereum’s Pectra upgrade, surpassing Coca-Cola and Alibaba to become the world’s 39th-largest asset with a market cap exceeding $308 billion.
2. Ethereum’s Pectra upgrade, originally scheduled for March 2025, faced delays due to technical challenges, finally deployed on mainnet on May 7, leading to a 42% increase in ETH’s value from $1,786 to $2,550.
3. Post Pectra upgrade, security professionals warn of potential risks as attackers could exploit a new transaction type to control EOAs without users signing onchain transactions, posing security vulnerabilities for Ethereum users.

Read more at Cointelegraph: Ethereum flips Coca-Cola and Alibaba as ETH gains 42% in 5 days