PANews reported on May 20 that Glassnode published a post on the X platform stating that since the Pectra upgrade, Ethereum's realized market value (a measure of the total capitalization of the asset) has soared from $240.8 billion on May 7 to $244.6 billion on May 19. This is equivalent to an increase of $3.8 billion (+1.6%), reversing a three-month downward trend since February.