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Ethereum Bulls Watch Pectra’s Final Test—Can ETH Surge Before the Upgrade?

  • The Pectra upgrade is set to go live on the Hoodi testnet.
  • Ethereum developers have finally rolled out a new testnet for Pectra after several unexpected issues delayed its deployment to the mainnet.
  • Pectra may hit the mainnet as early as April 25 if it runs smoothly on the Hoodi testnet.
  • Ethereum's open interest in the futures market has risen substantially in anticipation of the Pectra upgrade.

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