$ETH just took a major step forward—Pectra brings a powerful technical upgrade, combining big changes to both the execution and consensus layers. Layer 2s now benefit from doubled blob capacity, slashing gas costs, while smart wallet experiences are approaching fintech-level ease. Large validators are consolidating staked ETH to streamline operations.
With new account abstraction, users get seamless features like one-tap swaps, gas paid in any token, and biometric security—no more juggling ETH in every wallet. Validator setup time has dropped from hours to minutes, opening the door for smoother onboarding of both institutions and solo stakers.
For those betting on DeFi or NFT growth, this is the Ethereum devs going all-in. But in the short term, price action remains uncertain as the market looks for direction during Pectra’s rollout.