Lookonchain APP

App Store

Ethereum’s Biggest Upgrade Yet: Pectra Is Here

cyclop
/2025.05.10 00:33:17
Ethereum just underwent its most significant upgrade ever—Pectra. It streamlines transactions, introduces smart wallet recovery, boosts staking flexibility, and enhances security. While ETH is still underperforming, this user-focused update could mark a turning point toward renewed momentum.

Biggest Ethereum upgrade EVER happened 2 hours ago.

No one’s talking about it - yet.
But you’ll feel it.
Just like $ETH price will.

Meet Pectra: what it changes, why it’s huge, and what’s next for ETH 🧵👇

1/➮ Today marks the most bullish ETH update ever in crypto - Pectra

✧ The update itself is indeed very impressive, with many long-awaited changes

✧ But will it solve Ethereum's main problem - the lack of price growth?

Let’s break it down👇

2/➮ The update is happening today, May 7 and this upgrade is aimed right for the ppl

So, what’s changing:

- TXs
- Safe Updates
- Smart Wallets
- Staking

Now let’s take a closer look at each one:

3/➮ TXs

✧ Approvals will no longer be needed, and swaps can finally be done in a single transaction

✧ Moreover, you’ll be able to perform multiple actions within one transaction

✧ And anyone can sponsor TXs, meaning you won’t need to hold ETH on every network

4/➮ Safe Updates

✧ A new feature called Spending Control is being introduced

✧ This means daily withdrawal limits from your wallet

✧ There will also be other major security upgrades, which will make transactions faster and cheaper

5/➮ Smart Wallets

✧ One more key thing to be introduced is the Recovery mechanics

✧ These recovery mechanisms use Account Abstraction technology

✧ It turns wallets into smart contract wallets, giving them programmable logic

6/➮ Staking

✧ Staking will become more flexible and efficient by raising the validator cap from 32 to 2048 ETH

✧ There will also be faster deposit recognition and smart contract-enabled withdrawals

✧ This will give more control over assets for validators and stakers

7/➮ Overall, the situation with ETH still doesn't look good, as it is underperforming compared to both SOL and BTC

✧ In fact, it is even at mid-term lows while BTC is nearly at $100k

But remember, an asset can't rise or fall forever

8/➮ Despite everything, u should not write off ETH considering its historical ability to recover quickly

✧ And we will definitely see the next narrative with ETH, just like we saw with restaking and many other things

✧ This narrative could even be the Pectra update itself

9/➮ Remember that crypto is changing fast: metas come and go:

ETH could make a very quick comeback

✧ That’s why I continue to accumulate ETH, (but ofc I’m also keeping an eye on other assets like SOL/BTC)

(Hold much more ETH than SOL rn btw, as R/R is much better)

10/➮ I think this update gave Ethereum exactly what it was missing - usability.

Finally, they stopped focusing smart contracts, scalability, and ecology, and actually started thinking about user experience - so that ppl don’t feel sick using MetaMask after trying Phantom.

That’s why I believe this update is a quiet turning point for bringing ETH back into the meta.

11/➮ I don’t think Ethereum is the “Nokia” of crypto - far from it. I’m confident it still has a major move left in it (even if it underperforms SOL for a year).

Right now the setup is strong: ETH/BTC at historic lows, peak bearish sentiment.

You’ll be shocked how fast the FUDders turn into believers on the first real pump.

$10K ETH is inevitable.

Bookmark this.

Relevant content
$200M Drained from Cetus Protocol on Sui Network in Oracle Exploit

Cetus Protocol, the largest LP on Sui Network, was exploited due to an oracle bug, draining over $200M in liquidity. The attacker is converting stolen funds to ETH via Tornado Cash. Sui Network remains unaffected; the issue is isolated to Cetus. The team is working with Mysten Labs to resolve the problem.

StarPlatinum/22 minutes ago

Why Altcoins Pump (or Dump) on Just $500K: It’s Not Market Cap, It’s Liquidity

Altcoins don’t need billions to pump—just thin liquidity. A $10M market cap coin can 2x with $500K of buy pressure and crash with just $200K of sells. This thread breaks down the role of liquidity vs. market cap, why FDV and unlocks matter, and how smart traders exploit low float tokens for explosive gains.

cyclop/3 days ago

Why $USELESS Could Be the Next Viral Memecoin

$USELESS flips the crypto hate narrative into fuel. From being called “useless” by critics like Bill Gates and Jamie Dimon, this memecoin turns mockery into virality. Backed by elite alpha groups, fast-growing holders, and strong price action, $USELESS could be the next $FARTCOIN or $PEPE-level breakout.

Unipcs/5 days ago

Whale Behind $LaunchCoin’s 219x Is Now Loading Up on Next ICM Gems

A savvy whale who made over $1.1M on $LaunchCoin and $ICM is now quietly accumulating new Internet Capital Markets (ICM) tokens. His wallet shows early entries into low-cap alts like $DUPE, $SKYAI, $HOUSE, $GORK, and more—each with growing whale volume. ICM, the new Solana meta, turns app ideas into tradable assets and is fueling a fresh memecoin supercycle.

Tracer/6 days ago

Altseason Signals Are Flashing—Are You Ready?

Crypto veteran says this is the clearest altseason setup in 7 years: BTC is near ATH, ETH/BTC broke its 3-year downtrend, alt indexes are bouncing, and retail is still out. With major macro and on-chain indicators aligned, it could be the start of a major altcoin run.

cyclop/2025.05.15

From Joke to Juggernaut: How PASTERNAK Became $LAUNCHCOIN and Hit $280M

LAUNCHCOIN, formerly PASTERNAK, went from a 99% crash and meme status to a $280M market cap. Held and accumulated by a few true believers during its sub-$1M lows, it’s now the hottest project in crypto. The story underscores the power of conviction, community, and narrative.

Unipcs/2025.05.14