The Pectra upgrade for Ethereum is expected to go live on the Holesky and Sepolia testnets in February and March, with a potential mainnet launch in April. The upgrade aims to introduce eight key improvements to the Ethereum network, focusing on wallets and validators. The upgrade is seen as significant since the previous upgrade in March 2024, which helped reduce layer 2 gas fees. The upcoming Pectra launch and potential release in April could potentially provide a catalyst for Ethereum, which has been underperforming compared to Bitcoin and other altcoins in recent months.



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