Summary
- Ethereum developer Terrence announced that the Pectra upgrade is scheduled for the 30th of next month.
- This upgrade aims to improve the scalability of the Ethereum network.
- Due to the recent sluggish Ethereum price, the market is watching closely to see if the Pectra upgrade could be a turning point.
The Ethereum (ETH) Pectra upgrade is expected to take place at the end of next month.
Ethereum developer Terrence announced on the 27th (local time) via X that "the mainnet Pectra upgrade is tentatively scheduled for the 30th of next month." He stated, "(The Pectra schedule) will be confirmed at the next core developer meeting."
The core of the Pectra upgrade is to improve the scalability of the Ethereum network. As the recent Ethereum price continues to be sluggish, the market is watching closely to see if the Pectra upgrade could be a turning point.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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