$ETH

🔥 New ETH 🔥

1. 🚀 Pectra Upgrade (Last Week)

• Doubled the capacity of EIP-4844 from 3 to 6 targeted bundles, and increased the maximum to 9 bundles per block, which raised Layer-2 data throughput and reduced fees.

• The upgrade had a positive impact on the liquidity of decentralized applications and increased investor enthusiasm for Staking.

2. 🔜 Preparing for Dencun (Proto-Danksharding)

• The anticipated launch of EIP-4844 within Dencun will provide gas fees cheaper by 10–100× for transactions on L2 layers, with improved scalability through “blobs” data.

• The Goerli, Sepolia, and Holesky networks successfully tested the upgrade, with the actual launch planned for Q2 of 2025.

3. 🌉 Growth of Layer-2

• Transaction volumes on Optimism and Arbitrum have increased by about 50% since the beginning of the year, with the number of monthly active users doubling.

• Institutions have adopted solutions like EigenLayer and Flashbots to mitigate MEV risks and enhance security.

4. 🛡️ Security and Compliance

• The Ethereum community continues to audit smart contracts before deployment on Mainnet by companies like Sigma Prime and ConsenSys Diligence.

• Updates from EIP-2929 have come into effect to enhance the cost of SLOAD calls and reduce “cold storage” risks.

Are you ready to share the Ethereum journey towards unprecedented expansion? Share your thoughts!