Following the success of its Dencun upgrade, Ethereum has announced plans for its next significant network enhancement, the Pectra upgrade, slated for release in the first quarter of 2025. This upgrade aims to further improve the scalability and efficiency of the Ethereum network, addressing ongoing challenges and ensuring it remains competitive among blockchain platforms. The Pectra upgrade is expected to include several key features that will enhance transaction speed and reduce costs, securing Ethereum’s position as a leading platform for decentralized applications. Read more at The Block