Ethereum Pectra Upgrade Ultimate Preview: Hoodi Testnet's Comeback, Mainnet Countdown!
The Ethereum development team faces unprecedented challenges, with the Holesky and Sepolia testnets encountering issues during the Pectra upgrade testing. However, the Hoodi testnet, launched urgently on March 17, has shone brilliantly, completing the fork test in just 30 minutes with exceptional stability, becoming the new standard for the Pectra upgrade.
The Pectra upgrade brings three core transformations: EIP-7251 significantly increases the staking limit, reshaping the staking market for institutional players; EIP-7702 upgrades account abstraction technology, promising "Gasless transactions" and social recovery wallets, greatly enhancing user experience; EIP-7691 allows Layer 2's TPS to exceed 2000+, reducing transaction costs by another 50%, with performance on par with Solana.
The mainnet launch is entering the countdown, tentatively set for April 30, but there are still uncertainties regarding technical pitfalls and ecosystem readiness. If the upgrade is successful, staking APR could soar to over 6%, attracting tens of billions in institutional funds; if it fails, ETH may drop below $1900.
However, market reactions have not been as enthusiastic as expected, with ETH experiencing a 16.2% drop in the past month and almost halving its year-to-date decline. Behind this are two major conflicts: a lack of narrative strength and whale suppression. Short-term players may focus on the expected speculation window around April 25, while long-term holders can wait to accumulate more after the upgrade is implemented at lower prices.
Finally, internal sources say that Vitalik Buterin has secretly tested a privacy staking solution based on Pectra, which could be Ethereum's ultimate weapon against regulation. Want to get ahead of the curve? Follow + comment, and share top-tier primary resources!
