Ethereum is gearing up for a major upgrade that could allow users to pay fees in ERC-20 tokens like Shiba Inu (SHIB).

This will be made possible through the upcoming Pectra hard fork, a significant upgrade that combines 11 Ethereum Improvement Proposals (EIPs) into a single package.

Pectra’s Account Abstraction Feature Scheduled for March 2025, Pectra is expected to usher in significant improvements to staking efficiency, wallet usability, and scalability.

Shiba Inu as Gas Fees on Ethereum?

This initiative initially supports ERC-20 stablecoins like USD Coin (USDC) and Dai (DAI). Interestingly, speculation suggests that the Ethereum development team could support other ERC-20 tokens, including Shiba Inu ecosystem tokens like SHIB, BONE, and TREAT.

However, the upcoming launch of Pectra and the account abstraction feature creates an opportunity for Ethereum users to pay transaction costs in SHIB, BONE, and TREAT.

Status of Pectra Hard Fork

Meanwhile, the Pectra hard fork is gearing up for its highly anticipated launch. Ethereum’s development team rolled out the upgrade on the Holesky testnet this week, on February 24. However, the upgrade failed to finalize as expected, marking a rare occurrence for the network.

#PectraUpgrade

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