Ethereum Prague Upgrade (Pectra)

Scheduled for mainnet launch on May 7,

Integrating the Prague execution layer and the Electra consensus layer with a total of 11 EIPs,

Technical core includes:

① Staking mechanism reform

(EIP-7251 raises the staking limit for a single validator from 32 ETH to 2048 ETH,

reducing operational costs for large nodes while allowing compound staking to enhance returns)

② Account abstraction (EIP-7702 temporarily gives EOA accounts smart contract functionality,

supporting batch transactions and Gas payment, lowering user barriers)

③ L2 expansion (EIP-7691 doubles the Blob capacity to 6,

reducing L2 transaction costs by another 50%).

On the market side, historical data shows that after the upgrade there may be

“buy the rumor, sell the news” market trend, with the current ETH/BTC exchange rate dropping to a low of 0.0469,

derivatives short positions accounting for 52%,

and caution is needed for the pin risk in the $1,545-$1,610 range.

On-chain monitoring shows that whales accumulated over 330,000 ETH in April,

but recently there have been frequent sell-offs from ancient addresses

(for example, a certain whale sold 6,046 ETH for $16.34 million in 24 hours),

intensifying the chip game. It is recommended to take profits in batches 3-5 days before the upgrade,

long-term holders can retain 30% of their base position to speculate on staking APY rising above 4%.