Can Ethereum’s Pectra Upgrade Propel ETH to $4,000 After Trump’s Crypto Reserve and Summit Failed?
The revelation of President Trump’s Strategic Crypto Reserve earlier this year inspired market hope. The plan included Bitcoin, Ethereum, XRP, Solana, and Cardano, suggesting a pro-crypto posture from the American government. Enthusiasm soon waned when it became evident that the reserve would be an actively administered national reserve rather than one comprised only of forfeited assets to American law enforcement. The outcome disappointed the market; Bitcoin dropped 2.7% to almost $88,000, while Ethereum dropped similarly.
Anticipated to offer a clear regulatory framework, the next Crypto Summit failed to provide significant fresh regulations. Instead, the incident left investors unsure, contributing to further falls in crypto prices. In this absence of clarity, investors started gravitating toward initiatives with substantial real-world value and community-driven growth—like Rexas Finance (RXS), a blockchain platform transforming real-world asset tokenization.
