$ETH Ethereum's recent Pectra upgrade has introduced new features to improve the network's scalability, security and usability. Here are some key updates ¹ ²:

- *Pectra Upgrade*: The upgrade aims to enhance Ethereum's performance, with improvements in smart contract functionality and usability.

- *Scalability*: Ethereum's roadmap prioritizes scalability through sharding, rollup innovation and improved cross-rollup standards.

- *Layer 2 Solutions*: Ethereum's layer 2 solution, Base, has 10.3 million monthly active users, while Solana and BNB Chain have 82.2 million and 25.9 million, respectively.

- *Transaction Fees*: Ethereum's blob fees have dropped to their lowest level since the upgrade, and network fees have been relatively low at $19 million over the past 30 days.

- *Price Impact*: Despite the upgrade, Ether's price and derivatives metrics showed little response, with the price currently around $1,810.

*Upcoming Developments:*

- *Prague-Electra Upgrade*: Expected to include improvements such as EOF, PeerDAS and more.

- *Osaka-Fulu Upgrade*: Planned for the end of 2025, focusing on Verkle Trees and other enhancements.

- *Amsterdam-G Star Upgrade*: Anticipated for the end of 2026, potentially featuring Verkle Trees ³.

*Market Performance:*

- *Total Value Locked (TVL)*: Ethereum's TVL remains high at $53.7 billion, with competing blockchains like Tron and Solana accruing significant fees [