Ethereum has achieved a market value growth of $3.8 billion since the Pectra upgrade, reversing a three-month downward trend

Glassnode posted on the X platform that since the Pectra upgrade, the realized market value of Ethereum (a measure of the total capital of the asset) has skyrocketed from $240.8 billion on May 7th to $244.6 billion on May 19th. This is equivalent to an increase of $3.8 billion (+1.6%), reversing the three-month downward trend since February.