Ethereum’s long-awaited pectra upgrade took a big step forward early Wednesday with its successful implementation on Sepolia Test Network.
The largest upgrade to Ethereum since 2024, Pectra consists of 11 main features or “Ethereum Improvement Proposals” (EIPS) that will be sent at once. Together, the features aim to improve the effort, wallet functionality and overall network efficiency.
Sepolia’s pectra upgrade, which was completed at 1 p.m. 07:29:36 UTC, followed a failed test at Ethereum’s Holeky test network last week. A wrong configuration among validators resulted in a chain division that made Holeky temporarily useless.
The testnets mimic a head blockchain and are used by developers to test changes in the code in an environment with a low stack. Holeky that has a validator structure Closer to Ethereums Mainnet than Sepolia was seen as a critical proof of pectra. (Developers are still working to get Holeky back into operation and have created an alternative developer network as a temporary test space for validators.)
Ethereum developers are set to meet on March 6 to discuss Pectra’s Mainnet Release Time Line. With only a fully successful test, developers can choose to postpone the mainnet implementation to ensure stability.
A central pectra proposal that will benefit Ethereum-Validators is EIP-7251, which increases the maximum amount of ETH, which can be included from 32 to 2,048. The change is intended to tackle today’s clumsy stake system, where validators that stab more than their 32 ETH must divide their share over several nodes.
Another highly expected proposal, EIP-7702, would have crypto drawing books temporarily act as smart contracts. The change moves Ethereum closer to account abstraction, enabling wallets to offer more user-friendly features. For example, users could pay transaction fees in stableecoins instead of ETH, create automatic payments for subscriptions or recover access to their wallets without relying on complex seeds.
Pectras Rocky Test Cycle is coming as Ethereums developers are under pressure to send upgrades faster. Some Ethereum fans fear the network will lose its edge to newer chains like Solana, which has gained Mindshare in recent months because of its popularity among Meme Coin users.
The price of ETH has also recently underpinned compared to other larger coins, and the Ethereum Foundation-the non-profit steward for the network’s development-has been occupied by management drama.
Read more: Ethereums Pectra upgrade goes live on ‘Holeky’ test network but fails to complete