Ethereum has entered a new chapter with the Pectra upgrade today.
Pectra officially launched on the Ethereum mainnet at the beginning of epoch 364032, on May 7, 2025, at around 10:00 AM UTC. The three main Ethereum improvement proposals (EIP) included in this upgrade are EIP-7702, EIP-7251, and EIP-7691.
Pectra has gone live and finalized 🎉 ! Testing of the newly activated EIPs continues.
— timbeiko.eth (@TimBeiko) May 7, 2025
EIP-7702 allows externally owned accounts (EOA) to operate like smart contracts and can self-pay gas fees, as well as make payments using tokens that are not Ether (ETH).
EIP-7251 raises the staking limit for validators from 32 Ether to 2,048 Ether, making it easier for large investors to operate.
Finally, EIP-7691 increases the number of "data blobs" ( per block, helping to scale layer-2 solutions and potentially significantly reduce transaction fees.
Sergej Kunz, co-founder of the decentralized exchange )DEX( 1inch, stated that the Pectra upgrade "introduces the 'smart account' functionality at a deeper level of the protocol" and "improves the scalability of Ethereum" through layer-2 solutions.
Disclaimer: All content on this website is for informational purposes only and is not investment advice. Readers should conduct their own research before making any investment decisions. We are not responsible, directly or indirectly, for any damages or losses arising in connection with the use of or reliance on any content you read on this website.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
The "Pectra" upgrade of Ethereum has officially gone live.
Ethereum has entered a new chapter with the Pectra upgrade today.
Pectra officially launched on the Ethereum mainnet at the beginning of epoch 364032, on May 7, 2025, at around 10:00 AM UTC. The three main Ethereum improvement proposals (EIP) included in this upgrade are EIP-7702, EIP-7251, and EIP-7691.
EIP-7702 allows externally owned accounts (EOA) to operate like smart contracts and can self-pay gas fees, as well as make payments using tokens that are not Ether (ETH).
EIP-7251 raises the staking limit for validators from 32 Ether to 2,048 Ether, making it easier for large investors to operate.
Finally, EIP-7691 increases the number of "data blobs" ( per block, helping to scale layer-2 solutions and potentially significantly reduce transaction fees.
Sergej Kunz, co-founder of the decentralized exchange )DEX( 1inch, stated that the Pectra upgrade "introduces the 'smart account' functionality at a deeper level of the protocol" and "improves the scalability of Ethereum" through layer-2 solutions.
Disclaimer: All content on this website is for informational purposes only and is not investment advice. Readers should conduct their own research before making any investment decisions. We are not responsible, directly or indirectly, for any damages or losses arising in connection with the use of or reliance on any content you read on this website.