Ethereum Pectra Upgrade: Boosting Wallet Functionality and Layering Security

A major milestone for Ethereum, the Pectra upgrade combines the Prague execution and Electra consensus layers to significantly enhance user experience and security across the ecosystem. Key changes include a validator staking limit increase to 2,048 ETH and the introduction of account abstraction – enabling self-custodied wallets and smart contract delegations. This innovation empowers users with greater control over their funds. The upgrade marks a new era for Ethereum, influencing market dynamics.