2 Tokens Ready to Rise as Ethereum (ETH) Regains Momentum Ahead of Pectra Upgrade
The post 2 Tokens Ready to Rise as Ethereum (ETH) Regains Momentum Ahead of Pectra Upgrade appeared on BitcoinEthereumNews.com.
With investors poised for a fresh surge of optimistic activity, Ethereum’s long-awaited Pectra upgrade set for May 7, 2025, approaches. As ETH recovers and the broader market begins to stir, the focus naturally shifts to tokens that may ride Ethereum’s coattails into a strong ascent. Two altcoins, especially, are hot: SUI and Rexas Finance (RXS). Both tokens exhibit early indicators of great promise; their strategic orientation and basic developments complement more general market momentum. RXS and SUI are poised to surge as Ethereum embarks on its next rally, potentially surpassing ETH itself in percentage gains. Ethereum’s Pectra Upgrade Reignites the Market Long reigning as the top smart contract platform is Ethereum. However, periodically, the network’s advancement has been met with uncertainty due to growing competitiveness and scalability issues. The forthcoming Pectra upgrade promises improved performance, security, and validator efficiency, so that story is changing. With Ethereum’s Pectra upgrade, adding EIP-7251 (increasing validator staking cap to 2,048 ETH) and EIP-7691 (increasing blob data to 2x for more affordable Layer-2 transactions), gas fees and scalability will be improved on Ethereum. As witnessed in 2021, when ETH’s rally boosted Layer-1 competition, this may strengthen altcoin sentiment. SUI: Gaining Speed in Ethereum’s Wake With a market capitalization of $6.98 billion, SUI, currently priced at $2.14, has jumped 70% year-to-date. Its Move programming language and parallel transaction processing allow up to 297,000 transactions per second, surpassing Ethereum’s present 15–30 TPS. Bridges, such as Wormhole, enable Sui to connect to the Ethereum ecosystem as an Ethereum Layer 2 hosting sidechain, indirectly benefiting Sui’s ecosystem, as developers and users constantly seek cheaper alternatives. An increase in Ethereum usage may prompt some dApps to switch to Sui for faster access to lower gas fees, particularly for those dApps focused on gaming and DeFi. Although Ethereum’s Pectra update raises its…
