đš Ethereumâs Pectra Upgrade goes live today, May 7 â and itâs a game-changer!
đ This highly anticipated upgrade merges the Prague and Electra tracks, delivering lower Layer-2 fees, smarter wallets, and smoother staking for both everyday and professional users.
đ A key highlight: Pectra boosts the handling of data blobs, increasing block capacity from 3 to 6 (with a cap at 9), giving rollups like Arbitrum and Base much more space. Analysts expect a 30â40% reduction in L2 fees, pushing average swap costs closer to just 1 cent.