Ethereum’s Biggest Upgrade Yet: Pectra Is Here

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.
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