Ethereum's Pectra Upgrade: A Game Changer
On May 7, 2025, Ethereum successfully implemented the Pectra upgrade, its most substantial enhancement since the 2022 Merge. Key features include:
Enhanced Smart Accounts: EIP-7702, co-authored by Vitalik Buterin, enables externally owned accounts to function like smart contracts, allowing transaction fees to be paid in tokens other than ETH.
Increased Staking Limits: EIP-7251 raises the staking cap from 32 ETH to 2,048 ETH per validator, streamlining operations for large-scale stakers.
Improved Scalability: EIP-7691 enhances data throughput by increasing the number of data blobs per block, benefiting Layer 2 networks.
These advancements aim to bolster Ethereum's scalability, reduce transaction costs, and improve user experience.
#Ethereum2025 #PectraUpgrade #DeFiDominance #CryptoNews #ETHPrice #BlockchainInnovation #SmartContracts #InstitutionalCrypto #EthereumUpgrade #CryptoMarket