#CryptoComeback #BTCBackto100K #BTCBackto100K
Ethereum’s Pectra Upgrade is LIVE
Transforming Web3! Activated May 7, 2025, at epoch 364032 (10:05 UTC)
Pectra is Ethereum’s biggest leap since the 2022 Merge, packing 11 Ethereum Improvement Proposals (EIPs) to boost scalability, staking, and user experience. With Bitcoin soaring past $100K, Ethereum’s upgrade fuels the crypto bull run!
Key highlight:
EIP-7702 enables account abstraction, turning wallets into smart accounts. Users can now batch transactions, pay gas in tokens like $USDC ,and use social recovery for lost keys, slashing DeFi and gaming friction.
EIP-7251 raises validator stakes from 32 to 2,048 $ETH , simplifying institutional staking and cutting network traffic by consolidating validators.
EIP-7691 doubles blob throughput to 6 per block, slashing Layer 2 (L2) fees by up to 50% and boosting rollup capacity—perfect for dApps like Uniswap. Post-launch, 126K ETH left exchanges in 24 hours, signaling bullish sentiment, while a -0.5% supply burn tightens economics.
EIP-7702’s message-signing risks phishing, and wallet standardization lags, potentially causing UX hiccups. Despite this, Pectra’s L2 focus aligns with Vitalik Buterin’s vision of Ethereum as a data availability layer, countering Solana’s rise.
With $3.6B in ETF inflows and Space and Time $SXT leveraging Pectra’s ZK-proofs for DeFi analytics, Ethereum’s ecosystem is thriving. Analysts predict ETH could hit $5,000 by Q3 2025, driven by lower fees and institutional adoption.