#ETH Prague Upgrade Today’s Main Role

Enhance Scalability and Reduce Transaction Costs

Layer2 Optimization: By introducing EIP-7623 and EIP-7691, optimize the storage and throughput capacity of the Rollup network, reduce L2's reliance on mainnet calldata, and further decrease Gas fees

Verkle Trees and Statelessness (EIP-2935): Nodes do not need to store the complete network state, significantly lowering the hardware threshold for running nodes, enhancing the decentralization of the network

Enhance Security and Staking Efficiency

Validator Cap Adjustment (EIP-7251): The maximum effective staking balance for a single validator is increased from 32 ETH to 2048 ETH, reducing the number of redundant validators, lowering network communication pressure, but may exacerbate staking centralization risks

Staking Process Optimization: EIP-6110 and EIP-7002 simplify staking operations, allowing the execution layer to trigger withdrawals directly, improving flexibility and efficiency

Optimize Developer and User Experience

Account Abstraction (EIP-7702): Allows external accounts to execute smart contract operations directly (such as batch transactions, fee payments), reducing user interaction costs, but caution is needed regarding security risks from improper wallet adaptation

EVM Upgrade: Introduces EOF, improving the execution efficiency and upgradability of smart contracts, providing support for complex DApp development

Data Management and Environmental Sustainability

Historical Data Cleanup: Nodes can delete outdated block historical data, reducing storage requirements, while retaining archival access through third-party services

Energy Efficiency Optimization: Through PoS mechanism improvements and light client support, further reduce energy consumption, consolidating Ethereum's environmental positioning

Impact of Upgrade on Market

Technological Competitiveness Improvement: The optimized Layer2 performance and lower Gas fees will attract more DApps and users, solidifying Ethereum's leading position in DeFi, NFTs, and other fields.

Staking Economics Improvement: Validator cap adjustments and process simplification may attract more institutions to participate in staking, increasing ETH locking volume, supporting the long-term value of the coin

Enhanced User Experience: Account abstraction and wallet interface improvements lower user thresholds, promote mainstream adoption, for example, batch transactions can reduce exchange operational costs

Market Sentiment Boost: Historical data shows that major upgrades often see testnet launches coincide with ETH price increases (e.g., a 47% increase after the Cancun upgrade), this upgrade combined with favorable policies (such as expectations for U.S. strategic reserves) may further stimulate etc. #MEME法案 #美联储FOMC会议 #交易故事