What Is the Pectra Upgrade? Enhancing Ethereum’s Flexibility

Can Ethereum Overcome Rising Supply and Weakened Demand? The Pectra Upgrade's Role

Ethereum’s supply hits a new high, increasing selling pressure and hindering price growth. The Dencun upgrade reduced fees, weakening Ethereum’s deflationary mechanism. Ethereum’s Pectra upgrade brings key improvements, offering hope for future scalability. Ethereum may be poised for a comeback as the latest on-chain data from CryptoQuant signals a rare undervaluation relative to Bitcoin, hinting at a possible accumulation phase. The analytical …

User Exodus Hits Smart Contract Platforms—Can Ethereum’s Pectra Upgrade Turn the Tide? – MAXBIT

There has been a sharp decline in daily active addresses across Smart Contract Platforms (SCPs) in recent months, raising concerns among investors and developers. Meanwhile, Ethereum’s Pectra Upgrade could be the turning point, with crypto analyst Jamie Coutts calling the current state a cleansing of the ecosystem. SCPs See Sharp Decline in Active Users Jamie...

Ethereum (ETH) sees major uptick as Pectra upgrade goes live

The Ethereum stake limit has been raised to 2,048 ETH per validator as the Pectra upgrade goes live. ETH price has jumped 7.3% to $1,966. Historical May strength and undervaluation signal potential rebound. Ethereum (ETH) has rallied sharply in the hours following the launch of its Pectra upgrade, marking the cryptocurrency’s strongest single-day gain in months. Ethereum validator transformation with Pectra upgrade The Pectra upgrade, activated …

Post Pectra, Ethereum now targets efficiency with 60 million gas limit expansion - Coin Surges

Ethereum is eyeing an increase in its gas limit by 66% to 60 million units to improve transaction capacity and network efficiency. On May 7, Ethereum core developer Parithosh Jayanthi confirmed that the 60 million gas limit would be rolled out on the blockchain’s mainnet network after successfully testing on the Sepolia and Holesky testnets. He stated: “We start shipping 60M on sepolia tomorrow, hoodi/holesky shortly after. If its deemed safe a…

Ethereum Pectra Upgrade Goes Live, Maximum Stake Limit Expanded to 2,048 ETH

Ethereum’s Pectra upgrade is live, which means that network validators can now stake 2,048 ETH tokens. This is a notable rise from the previous limit of 32 ETH tokens. This allows them to earn higher staking rewards and improve the overall experience of contributing to the network.Ethereum’s Pectra upgrade is live, which means that network validators can now stake 2,048 ETH tokens. This is a notable rise from the previous limit of 32 ETH tokens.…

Mantle Announces Future Upgrades for Enhanced User Experience

Mantle Network is entering a major transformation. The upgrade plan aims to align closely with Ethereum’s infrastructure. This follows the Ethereum Pectra upgrade improvements. Pectra adds smart account wallets and doubles data blob capacity. It also streamlines validator features for easier use. These Ethereum-level enhancements directly affect how Mantle runs. Validator staking and user interaction layers will improve accordingly. Under the EI…