Ethereum Pectra Upgrade Set for March 2025: Key Details
Ethereum developers have set March 2025 as the target for deploying the Pectra upgrade. The schedule was finalized at an executive-level meeting on January 16.
The meeting outlined the key steps for mainnet activation.
The long-awaited Ethereum Pectra upgrade
much anticipated Ethereum Pectra upgrade Will bring significant improvements to the network. It will combine eight Ethereum Improvement Proposals (EIPs) into one upgrade.
One notable change is EIP-7702, which improves wallet functionality by enabling the wallet to operate like a programmable smart contract.
this improvebased on an idea Vitalik Buterin, co-founder of Ethereumis part of an effort to simplify wallet usage and enable account abstraction.
“Ethereum developers plan to launch the Pectra mainnet upgrade in March 2025 and launch a testnet fork It is planned to take place in Sepolia and Holesky in February. Developers briefly developed the network and launched the Mekong testnet in November 2024 to test key components before the mainnet launch. ” Wrote Cryptocurrency influencer Scott Melker, aka “The Wolf of the Streets.”
Another major change is EIP-7251, which increases the validator’s staking limit from 32 ETH to 2,048 ETH. This adjustment eliminates the need for validators to split their stake among multiple nodes. This will simplify the staking process and reduce setup delays.
Currently, validators with stakes exceeding 32 ETH must run many independent nodes. Validators often face long activation lines.
The Pectra upgrade is Ethereum’s first major overhaul since the 2024 Dencun update. Planned as the largest hard fork in the history of blockchain. However, the developer decided to narrow the scope of the upgrade in September Divide it into two stages.
Testing of the Sepolia and Holesky test networks is planned for February. If all testing goes as planned, deployment to the mainnet is expected to occur in early to mid-March.
ETH remains mediocre in bull market
Despite this announcement, Ethereum’s market performance Has shown limited growth. ETH has gained just 4% over the past week, lagging behind Bitcoin’s 10% gain. Other altcoins such as XRP shows stronger growth.
Overall, Ethereum’s price has remained below $3,800 since January, with its Market dominance continues to lag within a broader trend of consolidation.
In related developments, Buterin shared more tips Addressing centralization risks last October Ethereum’s proof-of-stake system. His suggestions include splitting block production tasks and modifying staking incentives to remain decentralized.
Additionally, Buterin highlighted the dangers of over-collateralization and suggested adjusting the issuance volume curve maintain network Safety.
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