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Ethereum Completes Pectra Test: Mainnet Upgrade Awaits

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by Giorgi Kostiuk

3 days ago


Ethereum developers have successfully completed the final Pectra test on the Hoodi Testnet, moving closer to a mainnet upgrade within 30 days.

Success of the Final Pectra Test

Ethereum developers have successfully completed the final Pectra test on the Hoodi Testnet. This paves the way for the highly anticipated mainnet upgrade expected in the next 30 days.

Expected Changes in Ethereum Network

The upcoming upgrade aims to boost scalability, reduce latency, and introduce multi-token gas payments and smart contract execution directly within wallets.

Current Price Situation of ETH

Despite the progress, Ethereum's price remains stable around €1,866, with a 0.2% daily rise. Recent dips below this level have not dissuaded investors, and analysts believe ETH is still undervalued compared to other altcoins.

The completion of the Pectra test on the Hoodi Testnet marks a significant milestone towards the network upgrade, promising substantial improvements. Despite stable prices, investors maintain their confidence in Ethereum's positive potential.

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