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.