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Cryptocurrency News Articles

Ethereum Has Activated Its Most Significant Upgrade Since the 2022 Merge, With Pectra Going Live on May 7, 2025

May 12, 2025 at 07:12 pm

This combined Prague/Electra upgrade introduces 11 Ethereum Improvement Proposals (EIPs) that dramatically enhance the network's layer 2 scalability

Ethereum Has Activated Its Most Significant Upgrade Since the 2022 Merge, With Pectra Going Live on May 7, 2025

The Pectra upgrade, also known as the Prague/Electra combined upgrade, marks a significant milestone for Ethereum. It brings together 11 Ethereum Improvement Proposals (EIPs), making it the largest update in EIP count.

One of the biggest impacts will be felt across the layer 2 ecosystem. EIP-7691 doubles the blob space and increases the maximum from 6 to 9. This directly lowers gas fees for users on rollups.

If you’re using Arbitrum, Optimism, Base, zkSync, or any L2, you’ll likely feel the difference as these become cheaper to use with the upgrade.

The upgrade’s EIPs also introduce smart accounts, enabling advanced wallet functionalities like batch transactions and sponsored gas fees. These changes will dramatically improve user experience across all Ethereum-compatible chains, reducing friction and making Web3 more accessible to mainstream users.

The timing of Pectra couldn’t be better, as the upgrade also significantly raises the validator stake limit from 32 ETH to 2,048 ETH. This move enhances network security while reducing capital inefficiency.

With Ethereum’s base layer fees remaining high despite the Merge, Pectra essentially cements L2s as the future of crypto, positioning them for explosive growth throughout 2025.

As institutional adoption increases and users seek faster, more affordable blockchain interactions, the demand for L2 solutions continues to soar.

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Other articles published on Jun 23, 2025