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Ethereum’s Pectra Upgrade Goes Live May 7, Will It Spark the Next ETH Rally?

  • Ethereum's Pectra upgrade is set to launch on May 7 with 11 major EIPs for speed and usability improvements.
  • The upgrade includes features like smarter wallets for easier DeFi and gaming use, increased staking cap to 2,048 ETH, and faster withdrawals.
  • Layer 2 throughput will double post-upgrade, potentially raising transaction speeds to 420 TPS and reducing fees for chains like Arbitrum and Optimism.
  • Analysts see Pectra as a potential spark for Ethereum's resurgence, offering improved user experience and scalability to drive renewed investor interest.

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