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Hold Your ETH! Pectra Testnet Launch Could Skyrocket Ethereum

  • The Ethereum blockchain has launched its first Pectra testnet, which is expected to benefit the Ethereum price and trigger a bullrun for the cryptocurrency.
  • Pectra combines two major updates, Prague and Electra, introducing new Ethereum Improvement Proposals (EIP) for enhanced functionality and user experience.
  • The testnet rollout is happening in stages, with Holesky, Sepolia, and Hoodi serving different purposes and preparing for the main Pectra upgrade.
  • The Pectra testnet launch is anticipated to strengthen the security and scalability of Ethereum, benefiting various projects built on the Ethereum blockchain.

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