- PECTRA brings Smart Contracts to the wallet, increases the validator capacity and thus improves the benefits of Ethereum.
- The upgrade scheduled for the 7th May could be to prove new strength after the current drop in the course.
According to the latest ETH course outlook-CNF reported-Ethereum has received increasing interest because the introduction of Pectra is closer. The Ethereum Foundation has announced the eagerly awaited PECTRA upgrade for May 7th.
It is intended to improve the functionality of Ethereum, whereby the improvements on usability of the wallet and efficiency of staking concentrate. The pectra upgrade converts eleven ips (Ethereum improvement proposals), which are intended to increase performance and improve ergonomics.
According to a current tweet from Everstake.eth, the PECTRA upgrade has already went live in the hoodie test network.
The Pectra upgrade has successfully gone live on #Hoodie!
Ethereum community: praying Hoodi will be issue-free
pic.twitter.com/4cjy1a3fWv
— everstake.eth (
,
) (@eth_everstake) March 26, 2025
A remarkable feature of the upgrade is the introduction of the Smart Contract Functionality for Ethereum Wallets, which simplifies both the operation and restoration of the wallets. This improvement has been removing user -friendliness for a long time and at the same time increases the safety of the wallets.
Another significant improvement, which is highlighted by Consenssys.io, is EIP-7251, which increases the maximum staking limit per validator from 32 ETH to 2,048 ETH. This change will enable large stakers and pools to consolidate validators in order to rationalize staking operation and reduce the overload of the network.
Template for tests and implementation
According to Yahoo Tech, the introduction of Pectra went through several strict test phases. While there were mistakes and delays in the first two test networks, the final start on hoodi was without problems, which gave developers the confidence to continue with the upgrade of the main network on May 7th.
Market reaction and price dynamics from Ethereum
Market analysts have evaluated the course development of Ethereum differently. Some refer to interest bullies, including short-term divergences and increasing short positions that could cause a change. Others remain reserved and refer to the general market weakness and the latest course corrections.
While the short -term reactions are damped, the upgrading by Pectra could significantly improve the long -term promise of Ethereum. Users and validers should prepare for the changeover and understand the full extent of the associated advantages.
In the run-up to the upgrade, the Ethereum course showed a downward trend. At the time of the creation of this article, ETH is traded at approx. $ 1,790.09, which reflects a decline of 2.426% in the last 24 hours and a decrease of 7.49% last week, according to Coin Market Cap. See ETH price diagram below.
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