The second largest cryptocurrency, Ethereum, has launched its first PECTRA testnet. It is the successor to the previous upgrade. This is a big milestone of the blockchain and will eventually benefit the price of Etherrium. Without doubt, this will be another misery of cryptocurrency. Rebound encryption price.
Details about history
price
24 hours of volume
Price 7D
You can check all the prices and all major upgrades. here. Is this one of the biggest turning points in Ether Lee’s history?
How does PECTRA affect Ethereum?
PECTRA combines two large updates similar to the Dencun upgrade. The first is Prague (Run layer or EL) and Electra (consensus layer or CL). Therefore, many new Etherrium improvement proposals or EIPs are provided. EIP is an official process that is changed, discussed and implemented in Ether Leeum block chain.
PECTRA comes to Ethereum testnets
On February 24, upgrades from EPOCH 115968 will be broadcast live on Holesky. Then on March 5, EPOCH 222464 is activated in SEPOLIA.
Assuming these two are smoothly progressed, select Epoch for Mainnet activation. Additional information below 👇 pic.twitter.com/1o9ifbyvar
-Timbeiko.eth (@timbeiko) February 14, 2025
But immediately after the Dencun upgrade, the developer began to discuss the following. The two main themes were account abstraction (AA), validation and staying improvements. The EIP-7702 introduces AA to expand the external ownership account (EOA) to the smart contract address. EIP 6110, 7002 and 7251 improves user experience (UX) and removes delays between deposit EL and CL.
One of the most important EIPs is 7691, called “increase the amount of Blob.” Increased the number of data lumps per block to improve Ether Leeum’s scalability. It also provides an L2 roll -up scaling solution that depends on Ethereum’s data capacity.
https://www.youtube.com/watch?v=_9hgz03jwwq
Discover: The best meme coin ICO to invest in March 2025
In fact, this will be helpful for a huge fee and a long waiting time to finish the transaction. In addition, UX change will be more user -friendly to retail investors. All of this facilitates the use of Etherrium Blockchain and helps developers create more efficient apps. The main goal is to strengthen security and increase its expansion without damaging decentralization.
In addition, there are three test nets that prepare for PECTRA’s main upgrades in any way.
HOLESKY, SEPOLIA and HOODI
Each role is in charge of different roles.
HOLESKY TESTNET was released in September 2023, which is to verify and stake the provider. It acts as a playground for testing steaking mechanisms and infrastructure development.
Sepolia, on the other hand, focuses on providing developers with better tooling and applications. Provides a better environment for experimenting with the distributed application (DApp). It started on March 5, 2025.
Hoodi Testnet was recently released on March 17, 2025. Hoodi provides the same purpose as Holesky, but is a better version and follows Holesky. More upgrades will play the role of HOLESKY and the final testnet before starting the PECTRA upgrade.
The new Testnet Hoodi is live! Testnet is a stable location for Staying operators and infrastructure providers.
HOLESKY VALIDATORS and Stacking Providers
SEPOLIA: App and tool developer
HOODI: Evalues and Stacking Providershttps: //t.co/FTLR2BIJSJ-Parithosh | 🐼 (@parithosh_j) March 19, 2025
Both institutional and retail investors believe that this will be the basis for the next Ethereum bullrun. In addition to Ether Leeum, many L2 encryption prices and all project guys based on Etherum Blockchain can gain benefits.
What is the following?
There is already a discussion about what the next step is. Some speculate that the name of the next upgrade will be Osaka. It will focus on preparing for Vercle Trees, State Management and Full Danksharding. This is the vision of Vitalik’s long -term plan for safe, distributed and expandable blockchains.
DISCOVER: The best Solana Meme Coins to buy in March 2025
Sign up for 99BITCOINS NEWS DISCORD for the latest market update.
Main takeout