Optimism in the Options Market after the Pectra Hard Fork
Date: 2025-02-19 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
The Pectra upgrade was originally planned for early March 2025, but during the ACDC Call on February 6, the consensus layer team agreed on a new date of April 8.
QCP Capital analysts note that after Ethereum switched to Proof-of-Stake in September 2022, the market followed a classic “buy the rumor, sell the news” scenario. Then the cryptocurrency’s value doubled compared to the June lows, but then corrected.
In the spring of 2023, the community was expecting the Shanghai hard fork with concerns that it would provoke an increase in the ETH supply. However, these fears did not come true, which led to a 30% increase in the price of Ethereum in the following months.
Experts also point out the weak dynamics of altcoins, which may limit the recovery potential. In their opinion, not only market catalysts are important for the sustainable growth of the crypto market, but also real successes in the development of the network and the mass adoption of digital assets.
Earlier, JPMorgan analysts noted that Ethereum faces high competition from alternative blockchain platforms such as Solana.
Recall that earlier experts allowed for further instability of digital assets in the context of political uncertainty.
