🚀 Ethereum Pectra update is already live — and another blow to fees
ETH price is rising, but what is really happening?
🔧 Key changes in the Pectra upgrade:
1️⃣ Now regular accounts (Externally Owned Accounts) can function as smart contracts and pay fees not only in ETH but also in other tokens.
2️⃣ The staking limit for validators has been increased — from 32 ETH to 2048 ETH. This boosts efficiency and reduces the network load.
3️⃣ More data blobs can now fit into a block, which enhances scalability and lowers fees for Layer-2 solutions.
📉 All this essentially means a reduction in potential fees in the future and a weakening of reliance on ETH as a means of payment.
This raises a reasonable question:
💬 Why is ETH even needed as a token?
Why not, for example, stake in USDC and earn income in USDC?
📈 Nevertheless, ETH is rising today.
A paradox? Or does the market still believe in the long-term value of Ether as an ecosystem asset?
🧠 Perhaps we don’t understand something... Or maybe the market is simply ahead of rationality.
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