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Ethereum: last stage for Pectra. Will it affect the price of ETH?
By Davide Grammatica
The Pectra update for the Ethereum network is getting closer, with the last phase of testing on the Sepolia network before the launch on the mainnet
News on the Ethereum front
The Pectra update, the most eagerly awaited development phase for the Ethereum network in recent times, has passed the final tests on the Sepolia network and is now ready to be launched on the mainnet.
As already mentioned in the past, Pectra consists of an overall improvement of the Ethereum network, from user experience to ecosystem efficiency. Among the most relevant implementations, there are new features for wallet management and an increase in the maximum stake limit for validators, from 32 to 2,048 ETH.
It is part of a broader development process, born from the Merge, when the network switched from a PoW consensus mechanism to a PoS one, and from Proto-danksharding (Dencun), which is (in simple terms) a solution to reduce gas fees and improve network efficiency by increasing the size of the blocks.
Pectra comes after these improvements, focusing mainly on the impact of staking. Not only in reference to the increase of the maximum effective balance for validators, but also by simplifying the withdrawal procedure, making the product more “attractive” for a certain part of the user base.
1/9 🧵 Ethereum’s regular Thursday protocol development call: ACD Consensus #152
6 Mar 14:00 UTC (same ETH time, same ETH channel)tl;dr: (how) do we save Holešky, how do we test Pectra features (devnet / shadowfork), Sepolia fork, & will this kerfuffle shift mainnet timing?
— nixo.eth 🦇🔊🥐 (@nixorokish) March 4, 2025
What is expected from ETH?
The implementation of the update on the Sepolia testnet followed the complicated launch on the other testnet Holesky, where the developers encountered several problems. Despite everything, the developers dealt with the difficulties without compromising the launch on Sepolia.
At this point, it remains to be seen if ETH will already be able to benefit from these developments, rekindling interest among investors. At the moment, ETH is up 7.3% in 24 hours, mainly due to the high volatility of Bitcoin and a global market in the grip of various turbulences.
It seems difficult, therefore, that the price of ETH will benefit from the effects of Pectra in the short term, but investors remain optimistic about improvements to the network, which could contribute to the growth of the asset in the long term.
