According to @glassnode, Ethereum's Realized Cap has risen sharply by $3.8 billion (+1.6%) from $240.8B on May 7 to $244.6B on May 19, following the Pectra upgrade. This increase reverses a three-month downtrend and indicates renewed capital inflow into ETH. For traders, this upward momentum in Realized Cap highlights growing investor confidence and potential for price appreciation, making ETH a key asset to watch for momentum strategies. Source: glassnode (May 20, 2025).