Compass of the altcoin market Ethereum $3,404.7‘s (ETH) developers aim to implement the mainnet upgrade called “Pectra” in March. Necessary preparations will be made through test networks and software updates until the planned date.
Test Networks Will Be Updated in February
According to statements made by Ethereum’s core developers, in February Sepolia And Holesky Necessary updates will be applied to test networks. developer Tim Beiko“If the updates on the test networks go smoothly, we will move on to the main network update in March,” he said. For the update process, new client versions will be released in coordination with Ethereum software teams.
Originally planned for late 2024 Pectra updatewas postponed due to the expansion of its scope. The update includes several updates aimed at improving network efficiency and user experience. Ethereum Improvement ProposalIt includes (EIP).
Highlights of the Pectra Update
One of the notable changes of the update is that validators increased the maximum stake amount to 32 pieces. ETHThere will be an improvement that will increase from 2048 ETH to 2 thousand 48 ETH. These improvements also include mechanisms and account abstractions that improve the wallet user experience. Users will be able to make faster transactions with new deposit and exit mechanisms.
Developers created short-term developer networks to test different components of the Pectra update. In addition, the temporary Mekong test network was put into operation in November 2024. in this network updateSome tests were carried out on important parts of the. The Ethereum community continues to work to ensure that the update schedule goes smoothly. All these planned developments will increase the scalability of Ethereum and provide an easier network experience for users.
Market watchers and analysts say that if the market prices in the update, Ethereum will survive and this will be followed by Bitcoin. 
$101,851.7As ‘s pressure on market dominance (BTC.D) altcoin marketHe emphasizes that it can raise the situation as a whole.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
