The future development of Ethereum is drawing significant attention, especially with the upcoming Pectra upgrade set to launch on May 7th. This is the most important network upgrade since 2024. Pectra combines features from the Prague and Electra development phases, focusing on: 

• EIP-7702: Smart account functionality allows external accounts (EOA) to temporarily execute smart contract code, enhancing user experience and security. 

• Expanded Blob data capacity: The Blob capacity per block is doubled, enhancing Layer 2 scalability and reducing transaction costs.