Ethereum core developer announced mainnet launch of Pectra update

Ethereum core developer Terence has announced that on April 30, the mainnet will receive the Pectra update. According to him, the release will be possible after resolving a number of minor issues and conducting the necessary confirmations.

The deployment of Pectra will follow the previous successful updates to Ethereum, which reduced gas fees and improved the reliability of the system. According to CoinMarketCap, the introduction of the network will also significantly improve the efficiency of transaction processing and boost developer activity in the Ethereum ecosystem.

Meanwhile, the price of ETH keeps falling, which may be due to the general market sentiment or a correction ahead of the expected news of Pectra's launch. Coincu experts consider this update to be a significant innovation for the Ethereum network, adding to previous improvements such as Dencun.