Ethereum Pectra Upgrade: Larger Stake Rewards & Improved Scalability

The Ethereum Pectra upgrade is underway, beginning testing on the Holesky testnet today. This major network upgrade will focus on enhancing scalability and incentivizing validators. The initial test phase will be followed by Sepolia’s activation on March 5th. These trials mark a crucial step toward integrating Pectra into Ethereum’s mainnet, bringing improvements to user experience and security. Ethereum developers have pushed for a faster release of protocol upgrades, aiming for smoother implementation.