$ETH $ETH There are several updates related to Ethereum:

Recent Upgrades

- *Dencun Upgrade*: Completed in the first quarter of 2024, this upgrade focuses on increasing scalability and efficiency through nine Ethereum Improvement Proposals (EIPs), including EIP-4844, also known as proto-danksharding. This upgrade is expected to lower gas fees on layer two transactions.

- *Pectra Upgrade*: Scheduled for mainnet activation in May 2025, this upgrade prioritizes optimization and introduces 11 EIPs, with five dedicated to staking optimizations. Key changes include ¹ ²:

- *Blob Throughput Increase*: Enables rollups to scale further, maintaining low fees within the Ethereum ecosystem.

- *Raising Maximum Effective Balance*: Allows solo stakers to compound rewards and maintain network share.

- *Increasing Calldata Cost*: Reduces the maximum block size on Ethereum, preventing worst-case scenarios from disrupting nodes.