Pectra

The important upgrade Pectra of Ethereum has officially been deployed on the Holesky test network on the morning of February 25th as scheduled. However, this network encountered issues that prevented the transaction confirmation (finalization) from completing as expected.
Incident on Holesky Testnet – Cause Still Unknown
Immediately after deployment, Holesky experienced serious issues, preventing transactions from being fully confirmed. The specific cause has not yet been determined, and the development team $ETH is urgently finding ways to fix it.

A new report from Standard Chartered (SC) presents a not-so-positive prediction for Ethereum's price in 2025. According to Geoff Kendrick, Head of Digital Asset Research at the British bank, Ethereum is in a "structural decline" trend and may continue to lose value compared to Bitcoin.

📉 Latest prediction: SC has lowered the target price of

from $10,000 to $4,000 by the end of this year.

📉 ETH has dropped significantly: Since the beginning of the year, ETH has lost 46.7% of its value and decreased by 29.6% in the past month.

Ethereum is entering an important testing phase with the Hooli testnet, paving the way for the Pectra upgrade – one of the largest improvements in Ethereum since The Merge. If all goes smoothly, Pectra could officially launch on the mainnet on April 25.

However, despite this event, the price of ETH has not fluctuated much, only increasing slightly by 0.5% in the past 24 hours, currently trading at over 1,900 USD, according to data from CoinGecko.

Hey guys! Have you heard that Ethereum is preparing for another update? This time, the update is called Pectra, and it looks like it will be one of the most significant milestones in the history of the blockchain. Let's figure out what's what.
What is Pectra and why is it important?
Pectra is not just a "new version" of Ethereum. This is a full-fledged improvement that will affect all aspects of the network: from transactions and validators to interaction with smart contracts. The main goal is to make Ethereum faster, cheaper and more convenient for users.
Now, for example, to exchange tokens or perform a complex operation, you need to perform several actions. After Pectra, this can be done in a single transaction, which saves time and money.
Or here, the rewards for validators — previously they were limited to 32 ETH, but now the ceiling will rise to 2048 ETH. This will not only make the reward system more profitable, but also reduce the load on the network.
Scalability and reduced fees
One of the biggest advantages is the increased network bandwidth. Ethereum will be able to process more transactions, which is especially important for mass use. And, of course, commission fees, which sometimes just scare off new users, should also decrease.
How will this affect the price?
An interesting point: any major update is not only a technical leap, but also an event that can affect the price. Ethereum is currently "stalled" a bit, but investors are waiting for a breakthrough. If everything goes smoothly, this update could be a growth catalyst.
When should I wait?
The timing is clear: the update of the main network is scheduled for March 11, 2025, but even before that, the test networks will receive their portion of improvements. The developers are serious, and if there are no failures, everything will go according to plan.
What does this mean for us?
Ethereum continues to evolve, and Pectra is a step towards a more convenient and massive blockchain. Users will be able to perform operations faster and cheaper, developers will get new opportunities for their projects, and validators will receive improved conditions.
Do you think that Pectra Ethereum will help consolidate its leadership among blockchains, or are competitors already breathing down your back?
$ETH #Ethereum #pectra

Testing of the Pectra update for Ethereum starts today on the Holesky test network. This is an important step for the entire ecosystem: developers will be able to test new features before integrating them into the mainnet.
Pectra will bring many improvements: new rewards for validators, support for second-level scaling, account abstraction, and an increase in Ethereum storage. For example, the update will allow validators to receive rewards from their balance up to 2048 ETH instead of the current 32 ETH, which will make their work more profitable.
In addition, there will be support for EIP-3074, which will allow users to make transactions without having to keep ETH in their account. This will simplify interaction with the network and lower the entry threshold for new users.
Ethereum developers have been accelerating the implementation of updates lately. They strive to implement key changes faster so that the network remains competitive and user-friendly. The only question is: how soon will these improvements reach the main network and how easily will the ecosystem adapt to them? What do you think about this?
$ETH #Ethereum #pectra

Ethe$ETH
reum Activates the Pectra Update: 11 Key Upgrades for UX, Validators, and Scalability

A major milestone has just taken place on the Ethereum network — the activation of the long-awaited Pectra update. This marks one of the most substantial changes since Ethereum's historic Merge in 2022. Packed with 11 Ethereum Improvement Proposals (EIPs), Pectra is set to significantly boost network efficiency, enhance user experience, streamline validator operations, and push second-layer scalability forward.

The update was officially activated at epoch 364032, around 6:05 a.m. Eastern Time. While test networks like Holesky and Sepolia encountered pre-launch hiccups, the successful deployment of the Hoodi testnet in March 2025 laid the groundwork for a smooth mainnet rollout.

Pectra builds on the foundation of the Dencun update (released in March 2024), which introduced proto-danksharding via EIP-4844. This evolution sets the stage for Ethereum's long-term scalability roadmap — including future innovations like the Fusaka update, which will implement Werksley and PeerDAS trees.

Here's What the Pectra Update Brings to Ethere$ETH

EIP-7702: Account Abstraction

A game-changer for UX, this proposal allows Ethereum wallets to function more like smart contracts. Users can now pay gas fees via third parties, execute multiple actions in a single transaction, and even use wallets without holding ETH. It's a big step toward mainstream accessibility and lower gas costs. It also opens the door to future features like social media-based account recovery.

EIP-7251: Increased Validator Limits

This EIP raises the validator’s maximum effective balance from 32 E$ETH TH to 2048 ETH. Larger stakeholders can now consolidate multiple validators into one, reducing network load and complexity. However, this change has sparked discussions about potential centralization risks.

EIP-7691: Higher Blob Throughput for Layer 2

With blob capacity increasing from 3 to 6 (target) and 6 to 9 (max), Layer 2 solutions like Arbitrum and Optimism will see better throughput and lower transaction fees. This significantly enhances Ethereum’s scalability at the second-layer level.

EIP-7002: Validator Output From Execution Layer

By allowing validator exits to be triggered directly from the execution layer, this EIP reduces reliance on hot keys, boosting security and simplifying withdrawals for stakers.

EIP-2935: Historical Block Hash Storage

Ethereum will now store recent block hashes in state rather than temporary memory, making them accessible to smart contracts and oracles. This facilitates better cross-layer communication and data validation.

EIP-6110: Faster Validator Activation

Previously, activating a new validator took up to 12 hours. With Pectra, that window is now just 13 minutes — a huge win for staking services and validator onboarding.

Other Notable Improvements in Pectra:

EIP-7623: Increases data transmission costs to promote blob usage

EIP-2537: Adds cryptographic pre-compilation to reduce gas costs

EIP-7685: Streamlines validator query and deposit processes

EIP-7549: Improves validator efficiency at the consensus layer

EIP-7840: Introduces base fees for blobs to stabilize Layer 2 pricing

What This Means for the Ethereum Community

With Pectra live, Ethereum becomes faster, cheaper, and more secure. Users will benefit from lower fees and smoother interactions, while developers get a more powerful base layer for building efficient, scalable dApps.

However, some critics argue that updates like EIP-7251 could increase centralization, favoring large staking operators and institutional players.

What do you think? Do these changes shape your outlook on Ethereum's future?

#ETH🔥🔥🔥🔥🔥🔥 TH #Ethereum #pectra r#blockchain kchain #PectraUpgrade DeFi #Layer2

In what is considered the largest step since the 'Merge' in 2022, the Ethereum network has activated the 'Pectra' update today, which aims to improve network efficiency and enhance user experience.
Highlights of the update:
Increasing the maximum storage: The maximum storage for Ethereum has been increased from 32 to 2048 ETH per validator, making storage operations easier and reducing the need to run multiple nodes.

Recently, there has been a sharp decline in the number of daily active addresses on smart contract platforms (SCP), raising concerns among investors and developers.
Meanwhile, the Pectra update for Ethereum could be a turning point, as crypto analyst Jamie Kutts describes the current state as a cleansing of the ecosystem.