$ETH

Ethereum continues to evolve with ongoing protocol upgrades aimed at improving scalability, efficiency, and user experience. The most significant recent development is the upcoming Pectra upgrade, which Ethereum core developers and ecosystem leaders have agreed to accelerate during an "All Core Devs" meeting on February 13, 2025. Tentative dates for this upgrade include the Holesky testnet on February 24, Sepolia on March 5, and a potential mainnet launch as early as April 8, 2025. The Pectra upgrade is expected to address critical proof-of-stake issues, enhance smart contract usability, and improve staking mechanics, such as increasing validator balance limits and simplifying withdrawals.