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Ethereum’s Pectra Upgrade Is Live: Why It Matters and What’s Next for ETH Price

  • Ethereum's latest major upgrade, Pectra, combining Prague and Electra updates, has gone live, aiming to make the network faster, cheaper, and easier to use.
  • Pectra introduces 11 key changes, including increased blob capacity, maximum validator stake, validator activation speed, and account abstraction for better scalability and user experience.
  • Analyst Michael Van De Poppe suggests Ethereum (ETH) is consolidating for a potential upward move, waiting for positive news to trigger a breakout.
  • With Ethereum's previous upgrades like The Merge and Dencun making moderate impact on price, the market is keen to observe if the Pectra upgrade will lead to a significant price surge.

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