Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Ethereum Pectra upgrade brings 2,048 ETH staking and new features

Ethereum Pectra upgrade brings 2,048 ETH staking and new features

GrafaGrafa2025/05/08 04:10
By:Mahathir Bayena

Ethereum (CRYPTO:ETH) activated its Pectra upgrade on May 7, 2025, marking a significant update for the blockchain network.

The upgrade introduces several Ethereum Improvement Proposals (EIPs) focused on scalability, staking, and smart account functionality, according to developers.

One of the central changes is EIP-7251, which raises the validator staking limit from 32 ETH to 2,048 ETH, making it easier for large participants to manage their stakes and potentially streamlining operations for institutions.

EIP-7702 allows externally owned accounts to operate as smart contracts, enabling users to pay transaction fees in tokens other than Ether and facilitating features like gasless transactions and more flexible permissions.

According to 0xAw, a lead developer at a layer-2 decentralised exchange, this update could “remove a significant barrier to entry for new people” by providing a user experience closer to traditional web applications.

“It enables a Web2-like UX by hiding many of the underlying scaffolding from users,” he noted.

However, some experts have expressed concerns about security.

“EIP-7702 expands that trick from one token to the whole wallet,” commented Mike Tiutin, chief technology officer at PureFi, referencing the risk of users signing potentially harmful messages.

Despite these concerns, others remain confident in the security of the new features, citing industry experience in creating secure smart contracts.

The Pectra upgrade also includes EIP-7691, which increases the number of data blobs per block, supporting better scalability for layer-2 solutions and aiming to reduce transaction fees.

The rollout followed extensive testing on the Sepolia testnet and is part of Ethereum’s ongoing roadmap to improve efficiency and usability.

Christine Kim, a researcher at Galaxy Digital, described the timeline as “tentative and optimistic,” acknowledging that unforeseen issues could cause delays.

At the time of reporting, the Ethereum (ETH) price was $1,830.59.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Subscribe to TANSSI Savings and enjoy up to 15% APR

Bitget Announcement2025/07/15 11:00

TACUSDT now launched for futures trading and trading bots

Bitget Announcement2025/07/15 10:40

Bitget Spot Bot adds PUMP/USDT

Bitget Announcement2025/07/15 08:00