Ethereum Pectra upgrade "officially launched on the Mainnet" welcomes 3 major updates, the least noticed ETH in history reacts mildly...

The Ethereum Pectra upgrade was officially launched on the mainnet, bringing L2 data capacity multiplication, smart account function activation and other functions, but the market response was stable. (Synopsis: Ethereum Fusaka upgrade scheduled for the end of 2025, removal of EOF on behalf of the community want to abandon EVM? (Background added: Ethereum blasted Solana is not hidden? Community proposal "GAS cap increased 100 times", theoretical TPS soared through 2000) According to the Ethereum Foundation 18:20 post, the ETH Pectra hard fork upgrade has officially been launched on the mainnet. This upgrade introduces Smart Account Wallet functionality ( account abstraction ), a 2x increase in L2 data storage capacity, and validator experience improvements to improve Ethereum's scalability and user experience. However, the market reaction was moderate, and the ETH price was still linked according to the trend of bitcoin, and it was now quoted at $1837 before the deadline, which was also ridiculed by the community as the most uncared about upgrade in recent years. Pectra is live on Ethereum mainnet! – Smart account wallet UX features now active– L2 scaling data storage blobs increased by 2x– Validator UX improvements live Community members will continue to monitor for any issues over the next 24 hours. — Ethereum.org (@ethereum) May 7, 2025 The core content of the Pectra upgrade The Pectra upgrade is another major update to Ethereum since the Dencun hard fork, with three core updates designed to further optimize network performance and the ecosystem. Smart Account Wallet Function (EIP-7702): The account abstraction supports batch transactions, sponsored gas fees, and Smart Sessions to improve wallet user experience and transaction efficiency. 2x L2 data storage capacity: Pectra expands blob transaction capacity, doubling the data throughput of Layer 2 solutions such as Optimism and Arbitrum and reducing transaction costs. Validator experience improvement: Upgraded and optimized staking and verification operations, reducing technical barriers and increasing participation. In the short term, the Pectra upgrade may gradually increase the activity of the Ethereum ecosystem. Historical data shows that L2 trading volume increased by 20% after the Dencun hard fork, and it remains to be seen whether there will be a similar effect this time. However, in the short term, ETH prices may be mainly affected by macroeconomic influences (such as Fed policies, the outcome of Sino-US negotiations) rather than technological upgrades. But in the long run, Pectra will inject new vitality into the Ethereum ecosystem and further expand its market position. Related reports Jesse, head of the base chain, responded to the Chinese community: What is the difference between Solana positioning? Can it help Ethereum out of trouble? Ethereum proposes "square root dynamic rate" reform! Can balancing users and reward builders save community confidence? Ten years of baptism, can Ethereum still usher in a "great skyrocket"? "Ethereum Pectra upgrade "officially launched mainnet" welcomes 3 major updates, the most unconcerned ETH response in history..."This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".