$ETH
Ethereum's recent updates are making waves in the crypto world 🌊. Here are some key developments:
- *Pectra Upgrade*: Activated on May 7, 2025, this upgrade aims to enhance scalability, security, and user experience. It introduces features like transaction batching, gas sponsorship, and improved staking mechanisms 🛠️.
- *Increased Staking Limit*: Validators can now stake up to 2,048 ETH, simplifying the staking process and reducing hardware requirements 💰.
- *Smart Account Capabilities*: EIP-7702 enables regular wallets to leverage smart contract capabilities, allowing for features like transaction batching and spending controls 📈.
- *Record Staking*: Ethereum staking has reached an all-time high, with over 34.65 million ETH locked on the Beacon Chain 🔒.
- *Developer Updates*: Vitalik Buterin proposes simplifying Ethereum's protocol and improving execution speed 🔧.
These updates are expected to improve Ethereum's performance and user experience ¹ ² ³.