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The Ethereum blockchain is heading into one of its most significant technical transitions yet, with the Pectra upgrade now confirmed for a 7 May release on mainnet.

Ethereum is currently going through a tough time in the market. Since 28 March 2025, $ETH has traded below the important $2,000 level and hasn’t been able to recover. 

The 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.