#PectraUpgrade

The Ethereum Pectra upgrade is a significant improvement to the Ethereum network, scheduled to activate on May 7, 2025. It introduces features to enhance Ethereum accounts, improve validator experience, and support L2 scaling.

The upgrade includes account abstraction, validator UX improvements, blob scaling, and other improvements. Account abstraction enables users to enhance their Externally Owned Accounts (EOAs) with smart contract functionality. Validator UX improvements increase the maximum balance a validator can receive rewards on and enable reward compounding.

No action is required for ETH holders or users of exchanges, digital wallets, or hardware wallets. However, node operators and stakers need to update their software to support the protocol changes. Application and tooling developers should review the EIPs included in Pectra to determine their impact. #PectraUpgrade