Coinspeaker
Feb 7, 2025
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Ethereum Pectra Upgrade Expected to Launch on Mainnet by April

Ethereum's Pectra Upgrade Timeline

  • Pectra Upgrade expected to launch on the mainnet by April.
  • Beta testing phase starts in February, with tests on Holesky and Sepolia testnets scheduled for February 24 and March 5, respectively.
  • Official launch date will be determined after successful testing.
  • The upgrade focuses on enhancing user experience and validator mechanisms.
  • Phase two planned for 2026 includes technical upgrades like Ethereum Virtual Machine Object Format (EOF).

Key Features of Pectra Upgrade

  • Integration of Prague and Electra upgrades aimed at improving scalability and user experience.
  • Eight significant improvements, including EIP-7702 for wallet experience enhancement.
  • Introduction of a “social recovery” feature to prevent private key loss.
  • Increased validator stake limit from 32 ETH to 2,048 ETH under EIP-7251.

Market Reaction

  • Current ETH price is $2,692.01, down 2.99% from previous levels.
  • Anticipation that Pectra could drive ETH price towards $4,100.
  • Market sentiment varies, with some expecting prices to double current valuation.