On May 7, 2025, Ethereum successfully activated the anticipated Pectra update, marking its biggest transformation since The Merge in 2022. This update combines improvements from the execution layer (Prague) and consensus layer (Electra), introducing 11 improvement proposals (EIPs) aimed at optimizing user experience, network efficiency, and scalability.
Main news about Pectra:
Smart accounts and account abstraction (EIP-7702): Wallets can now function as smart contracts, allowing for features such as fee payments in tokens other than ETH and key recovery.
Increased staking limit (EIP-7251): The staking limit per validator is raised from 32 to 2,048 ETH, facilitating institutional participation and reducing operational complexity.
Improvements in Layer 2: A doubling in the efficiency of second-layer solutions is expected, which could significantly reduce transaction fees and improve scalability.
Despite some setbacks in test networks like Holesky and Sepolia, developers managed to overcome challenges and successfully deploy Pectra on the mainnet.
Regarding the market, ETH remains around $1,828, with a slight increase of 1.5% in the last 24 hours. Although the immediate reaction has been moderate, many analysts believe that Pectra could be the catalyst for a new phase of growth in Ethereum. CryptoSlate