The Pectra upgrade is a key step for Ethereum towards becoming the 'operating system of the future', enhancing scalability and user experience through account abstraction, L2 optimization, and staking improvements. In the short term, the upgrade may trigger fluctuations in ETH prices (CoinDesk predicts significant volatility in the ETH/BTC ratio), but it is unlikely to immediately reverse Ethereum's 'structural weakness'. In the long term, Pectra will solidify Ethereum's position as an L1 and data availability layer, especially benefiting the L2 ecosystem and payment scenarios, complementing Stripe's stablecoin accounts.
