Ethereum’s upcoming Pectra upgrade, expected on May 7th, marks its most significant update since the Merge. This dual-layer overhaul promises substantial changes to both the consensus and execution layers. The upgrade includes 11 EIPs, highlighting two key features: Account abstraction through EIP-7702, enabling users to pay for gas using non-ETH tokens, and increased validator staking limits through EIP-7251. While ETH spot volume is currently declining after a correction, this might suggest reduced selling pressure. The recent price dip has brought ETH down to around $1,826, with the 20-day EMA at $1,780 acting as support, according to CoinMarketCap data. Will this upgrade ignite a sustained price rally for Ethereum?