Ethereum's latest upgrade (Pectra) will be launched on the mainnet on April 8, 2025. Its impact on ETH is mainly reflected in the following aspects:

1. Optimization of the pledge mechanism

The validator staking limit has been increased from 32 ETH to 2048 ETH, allowing large stakers to reduce operational complexity by merging nodes while improving the overall performance of the network. The automatic compounding function enables the annualized staking rate of return (APR) to reach 3.42% in the fifth year, an increase of approximately 0.22% from the current level, significantly increasing the returns for long-term holders.

2. Network efficiency and cost reduction

The introduction of Peer Data Availability Sampling (PeerDAS) and Verkle tree technology will reduce node storage burden and increase transaction verification speed. The scalability of the Layer2 network will be enhanced, and Gas fees are expected to drop further. The account abstraction function supports the use of ERC-20 tokens (such as USDC) to pay gas fees, lowering the user operation threshold.

3. Long-term value support

The amount of ETH destroyed may increase after the upgrade (for example, the London upgrade destroyed about 950,000 ETH per year). Combined with the total amount of pledged coins exceeding 30 million, the expected reduction in circulation will support the price of the currency. Institutional holdings continue to grow (for example, BlackRock and Grayscale hold a total of more than 700,000 ETH), and market confidence is increasing.

4. Ecosystem and price expectations

Technological upgrades have driven the activity of DeFi/NFT, and gas fees may stabilize after short-term fluctuations. Historical data shows that the average increase in ETH in the 3-6 months before a major upgrade is 45%. This upgrade may help ETH break through $6,000, with the long-term goal of $10,000.

Please note: After the upgrade, there may be a short-term correction due to profit-taking. It is recommended to deploy in batches and pay attention to the derivative token opportunities of staking platforms (such as Lido and RocketPool). #以太坊升级 $ETH