The Ethereum mainnet has seen the Pectra update

By: incrypted|2025/05/07 20:30:03

On May 7, the Pectra update was successfully deployed in the Ethereum mainnet. The hard fork will bring a lot of new things to the network. The asset reacted to the event with a slight drawdown. Earlier, some experts expressed concerns about potential inflationary pressures due to the update. On May 7, 2025, the Pectra update was successfully deployed on the Ethereum core network, the largest update since the release of Merge. The asset reacted with a slight drawdown.The hard fork took place at epoch 364032. The deployment was successful. Recall that at the stage of carrying out the update in the test networks Sepolia and Holesky, the developers had problems, in particular with the finalization.Pectra includes 11 Ethereum enhancement proposals (EIPs) aimed at making the network more efficient and accessible. These include increasing the maximum asset size at validator startup and giving wallets smart contract functionality.We’ve covered this update in detail in a separate piece: Pectra: что изменит следующий хардфорк Ethereum и почувствуют ли это пользователи? 10.09.2024 13 мин 4398 читать In a comment to Incrypted, 1inch co-founder Sergey Kunz described this hard fork as follows:“The Pectra upgrade has two key goals that are highly relevant to the future of DeFi UX and scalability. First, it introduces “smart account” functionality at the EVM level, allowing EOAs (normal Ethereum addresses, not contracts) to delegate execution – paving the way for native gasless transactions and simplified user flows. Second, it improves Ethereum’s scalability by optimising blob transaction types for L2s, allowing builders to do more sophisticated and complex things by hiding complexity from end users.”Ethereum (ETH) marked a rise in the run-up to the event before starting to fall. At the time of writing, it is trading at $1835:ETH/USDT exchange rate on the Binance exchange. Source: TradingView. Note that many experts believe that Pectra could have a negative impact on the network and the pricing of its coin. This is particularly Presto Research analyst Jaeheng Ha, who pointed out the rise of inflationary pressures.As for the price, business angel and cryptocurrency analyst Jack Green has previously stated that Ethereum often rises some time after major upgrades.Сообщение The Ethereum mainnet has seen the Pectra update появились сначала на INCRYPTED.

Naval personally stepped in as the chairman of the USVC Investment Committee. This SEC-registered fund launched by AngelList attempts to bring top private tech assets like OpenAI, Anthropic, and xAI to the general public with a $500 entry threshold. It is not just a new fund, but a structural experi...

a16z Crypto: 9 Charts to Understand the Evolution Trends of Stablecoins

Stablecoins are evolving from trading tools into universal payment infrastructure, and this process is quieter and more thorough than most people expected.

Refutation of Yang Haipo's "The End of Cryptocurrency"

This may be the true test of cryptocurrency. It's not about whether the price has reached a new high, nor about who will achieve financial freedom in the next bull market, but rather whether, after all the grand narratives have been washed away by cycles, it can still leave behind some simpler, more...

Can a hairdryer earn $34,000? Interpreting the reflexivity paradox of prediction markets

Prediction markets are essentially betting on reality, and when participants can access or even influence this path earlier, the market no longer just reflects reality but begins to shape it in return.

6MV Founder: In 2026, the "landmark turning point" for crypto investment has arrived

"I will deploy funds in 2026, so I will tell you this is the best year in history."

Abraxas Capital Mints $2.89 Billion USDT: Liquidity Boost or Just More Stablecoin Arbitrage?

Abraxas Capital just received $2.89 billion in freshly minted USDT from Tether. Is this a bullish liquidity injection for crypto markets, or is it business as usual for a stablecoin arbitrage giant? We analyze the data and the likely impact on Bitcoin, altcoins, and DeFi.

A VC from the Crypto world said AI is too crazy, and they are very conservative

Amid the Crypto frenzy and with investors who once missed out on Pinduoduo, a new AI fund called Impa Ventures was established, rejecting bubble narratives and adhering to a conservative "problem-first" strategy to seek real business value.

The Evolutionary History of Contract Algorithms: A Decade of Perpetual Contracts, the Curtain Has Yet to Fall

The ten-year evolution of perpetual contracts: from pulling the plug on 312 to the shocking short squeeze of TRB, a deep dive into the pricing machine that averages $200 billion daily, written with countless liquidations and real money, detailing the blood and tears of risk control theory.

Kicked out by PayPal, Musk aims to make a comeback in the cryptocurrency market

Cashtags generated a trading volume of 1 billion dollars just a few days after its launch, marking a strong start for Musk's super app strategy. For the cryptocurrency market, X's layout may be one of the most anticipated sources of retail growth after the meme coin craze subsides.

Solana ETF News: What Is a Solana ETF and Why Is Goldman Sachs Betting $108 Million on SOL?

Solana ETF news today shows Goldman Sachs disclosed a $108M position while total SOL ETF inflows reached $1.45B. Analysts now expect up to $6B in institutional demand as Solana trades 71% below its all-time high.

Bitcoin ETF News Today: $2.1B Inflows Signal Strong Institutional Demand for BTC

Bitcoin ETFs news recorded $2.1B inflows over 8 consecutive days, marking one of the strongest recent accumulation streaks. Here’s what the latest Bitcoin ETF news means for BTC price and whether the $80K breakout level is next.

Michael Saylor: Winter is Over – Is He Right? 5 Key Data Points (2026)

Michael Saylor tweeted yesterday “Winter‘s Over.” It is short. It is bold. And it has the crypto world talking.

But is he right? Or is this just another CEO pumping his bags?

Let us look at the data. Let us be neutral. Let us see if the ice has really melted.

WEEX Bubbles App Now Live Visualizes the Crypto Market at a Glance

WEEX Bubbles is a standalone app designed to help users quickly understand complex crypto market movements through an intuitive bubble visualization.

Polygon co-founder Sandeep: Writing after the chain bridge chain explosion

In three weeks, Drift, Hyperbridge, and KelpDAO were consecutively hacked, resulting in nearly $900 million in losses. Polygon's CEO wrote that the problem lies not with any single team, but with the "notary" style architecture shared by the entire industry—relying on one or two signers to stamp cro...

Major Upgrade on Web: 10+ Advanced Chart Styles for Deeper Market Insights

To deliver more powerful and professional analysis tools, WEEX has rolled out a major upgrade to its web trading charts—now supporting up to 14 advanced chart styles.

Morning Report | Aethir secures a $260 million enterprise contract with Axe Compute; New Fire Technology acquires Avenir Group's trading team; Polymarket's trading volume surpassed by Kalshi

Overview of Important Market Events on April 23

Why a Million-Follower Crypto KOL Chooses WEEX VIP?

Discover why top crypto KOL Carl Moon partnered with WEEX. Explore the WEEX VIP ecosystem, 1,000 BTC protection fund, and exclusive rewards for serious traders.