$ETH Pectra Upgrade
The $ETH network successfully implemented the Pectra upgrade on May 7, 2025. This significant update merges two major enhancements: the Prague update for the execution layer and the Electra update for the consensus layer. Key features of the Pectra upgrade include.
Market Impact
The Pectra upgrade has had a positive impact on the broader cryptocurrency market:
Ethereum ETFs: Experienced gains of around 26% over the past two days post-upgrade.
Investor Sentiment: Renewed optimism in $ETH scalability and functionality has attracted increased investor interest.
