#PectraUpgrade

The Pectra upgrade, short for Prague + Electra, is a significant upcoming upgrade to the Ethereum network, anticipated around May 7, 2025. It combines improvements to both the execution layer (Prague) and the consensus layer (Electra), aiming to enhance Ethereum's scalability, efficiency, and user experience.

Key features include increasing the maximum effective balance for validators from 32 ETH to 2048 ETH, streamlining validator deposits and withdrawals, and improving Layer 2 scaling by increasing blob data capacity. A notable user-centric change is EIP-7702, which allows regular wallets to temporarily act as smart contract accounts, enabling features like gas fee sponsorship and transaction batching.

Overall, Pectra is designed to make Ethereum more user-friendly, reduce transaction costs on Layer 2 networks, and improve the efficiency of staking and network operations, paving the way for future advancements.