Ethereumâs Pectra Upgrade:
$ETH Facing the Heat đ„Ethereumâs Pectra Upgrade, launched May 7, 2025, is a game-changer with 11 EIPs boosting scalability and wallet functionality đ. Features like EIP-7702 enable smart wallets, and EIP-7251 raises staking limits to 2,048 ETH. But itâs not all smooth sailing! đCritics are vocal about potential pitfalls. Security experts warn that new capabilities, like account abstraction, could introduce bugs or vulnerabilities đ, especially after testnet issues delayed the launch. Solanaâs co-founder has slammed Pectra, arguing it fails to address Ethereumâs high Layer 2 fees and complexity, potentially losing ground to competitors đ„. Centralization concerns also loom, as higher staking limits might favor large validators, risking network decentralization đ. Economically, miners and validators face uncertainty with shifting fee structures đž. Despite these gripes, Pectraâs 20% ETH price surge to $2,400 shows market optimism đ. Can Ethereum balance innovation and stability? Time will tell! âł