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Ethereum
Ethereum developers confirm new launch date for major network upgrade
April 4, 2025 at 12:07 GMTThe Pectra upgrade brings a wide range of changes to the Ethereum network through 11 Ethereum Improvement Proposals (EIPs). These changes aim to improve how Ethereum handles staking, user experience, and scalability.
On 26 March, Ethereum developers launched the Pectra upgrade on the Hoodi testnet, and the network successfully forked and finalised the upgrade within just 30 minutes.
According to data from YCharts, the average gas fee has dropped from 72 gwei in 2024 to just 2.7 gwei as of 12 March 2025.
