Ethereum Prepares for Pectra Upgrade in Q4

Ethereum $ETH developers confirmed that the Pectra upgrade, combining Prague and Electra proposals, will launch in Q4. The upgrade focuses on enhancing wallet usability and improving staking infrastructure. Key features include account abstraction and light client support. ETH remains stable near $3,200 despite market volatility. The upgrade is expected to make Ethereum more user-friendly for mainstream adoption. Analysts say Pectra could trigger a new wave of developer activity and app innovation. Competing chains like Solana (SOL) and Near Protocol (NEAR) may feel pressure to keep up.