DeFi Daily News
Saturday, June 28, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home DeFi Web 3

rewrite this title Ethereum Flat as Devs Prepare for Hooli Testnet Ahead of Pectra Upgrade – Decrypt

Ryan Gladwin by Ryan Gladwin
March 14, 2025
in Web 3
0 0
0
rewrite this title Ethereum Flat as Devs Prepare for Hooli Testnet Ahead of Pectra Upgrade – Decrypt
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

Ethereum is preparing for its Pectra upgrade, which aims to boost the network’s scalability and offer better staking flexibility, by launching a testnet on Monday codenamed Hoodi. This comes after two previous testnets, Holesky and Sepolia, encountered technical issues.

If all goes to plan, it could hit mainnet as early as April 25.

The second largest cryptocurrency’s price appears unmoved by this news. Over the past 24 hours, the Ethereum price has gained only 0.5% and is currently trading at just over $1,900, according to CoinGecko data. Zooming out, ETH has lost 13.3% in the past week amid macro pressures from President Trump’s trade war.

The Pectra uprade will be the third upgrade to the network since The Merge in 2022, which saw Ethereum move from a proof-of-work consensus mechanism to proof-of-stake. Pectra looks to boost Ethereum’s scalability, efficiency, and staking flexibility as it expands storage capacity for layer-2 networks. It’ll reduce fees, too.

Previous tests of the upgrade faced challenges, most notably Holesky saw an uptick in invalid blocks. As a result, devs are launching Hoodi on Monday, March 17 in hopes it’ll address the issues seen with the last testnet.

Ethereum has become the butt of many jokes across the broader crypto community, with fans of other networks mocking the network for its slow development rate and ETH’s poor price action. Over the past year, according to TradingView, Ethereum has lost 52% of its share of market cap dominance. That’s left room for coins like XRP to gain 258.98%.

But slow and steady wins the race—or so Ethereum maxis would have other investors believe.

Pectra aims to allow users to pay gas fees with multiple tokens, including stablecoins like USDC. It’ll also allow for third-party fee sponsorship, which allows an entity to pay gas fees on behalf of the user—something that has become hugely important on layer-2 scaling networks.

On top of this, Ethereum validators will have a significantly increased capacity for how many tokens they can stake—from 32 ETH to 2,048 ETH. The uptick will be coupled with more flexibility for when and how the staked Ethereum can be withdrawn.

Pectra will also lay the groundwork for social recovery, which allows users to rely on trusted contacts to help them regain access to a wallet that they’ve forgotten or lost the key to.

With this, many believe that Pectra will be the biggest upgrade to Ethereum since The Merge and one of its largest in its history.

Once Ethereum’s core developers “feel confident” in the state of testing, a mainnet update will be scheduled at least 30 days after the Hoodi fork. This means that the earliest the network could see the Pectra upgrade go live is April 25.

Edited by Stacy Elliott.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website http://defi-daily.com and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: AheadDecryptdevsEthereumFlatHooliPectrapreparerewriteTestnettitleUpgrade
ShareTweetShare
Previous Post

rewrite this title and make it good for SEO World Liberty Financial Closes $590M Token Sale – NFTgators

Next Post

rewrite this title Flock.io Initiates ‘Elite Trainer Program’ To Attract Top AI Talent For Decentralized AI Training

Next Post
rewrite this title Flock.io Initiates ‘Elite Trainer Program’ To Attract Top AI Talent For Decentralized AI Training

rewrite this title Flock.io Initiates 'Elite Trainer Program' To Attract Top AI Talent For Decentralized AI Training

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title with good SEO Bitcoin Could Explode On Bessent’s 0 Billion Deregulation Shock

rewrite this title with good SEO Bitcoin Could Explode On Bessent’s $250 Billion Deregulation Shock

May 28, 2025
Boeing machinists refuse latest offer, prolonging bruising six-week strike

Boeing machinists refuse latest offer, prolonging bruising six-week strike

October 23, 2024
Rough N’ Rowdy 25 FREE PREVIEW | Watch 20 Fights + Ring Girl Contest TONIGHT

Rough N’ Rowdy 25 FREE PREVIEW | Watch 20 Fights + Ring Girl Contest TONIGHT

August 9, 2024
rewrite this title Top 10 Best Cryptocurrency Cloud Mining Sites in 2025 – A Beginner’s Guide to Earning Free BTC and DOGE with an  Cloud Mining Bonus

rewrite this title Top 10 Best Cryptocurrency Cloud Mining Sites in 2025 – A Beginner’s Guide to Earning Free BTC and DOGE with an $18 Cloud Mining Bonus

April 8, 2025
Bitcoin Miners Selling Bitcoin to Stay Solvent Amid Volatility in Price – Decrypt

Bitcoin Miners Selling Bitcoin to Stay Solvent Amid Volatility in Price – Decrypt

August 13, 2024
rewrite this title Hudson Pacific Properties: Beware The Perceived Discount (NYSE:HPP)

rewrite this title Hudson Pacific Properties: Beware The Perceived Discount (NYSE:HPP)

May 6, 2025
rewrite this title Ethereum Historical Pattern Hints At Potential ,000 Surge – Analyst

rewrite this title Ethereum Historical Pattern Hints At Potential $10,000 Surge – Analyst

June 28, 2025
rewrite this title 4 directions for The Judgment Day after WWE Night of Champions 2025

rewrite this title 4 directions for The Judgment Day after WWE Night of Champions 2025

June 28, 2025
rewrite this title Jayne Mansfield’s Death: How Mariska Hargitay’s Mom Died in 1967

rewrite this title Jayne Mansfield’s Death: How Mariska Hargitay’s Mom Died in 1967

June 28, 2025
rewrite this title Can China’s MiniMax-M1 AI Topple US Rivals? We Put It to the Test – Decrypt

rewrite this title Can China’s MiniMax-M1 AI Topple US Rivals? We Put It to the Test – Decrypt

June 28, 2025
rewrite this title Tesla says it delivered its first car autonomously from factory to customer

rewrite this title Tesla says it delivered its first car autonomously from factory to customer

June 28, 2025
rewrite this title with good SEO Here’s What Happens If Dogecoin Follows Previous Cycle Trends | Bitcoinist.com

rewrite this title with good SEO Here’s What Happens If Dogecoin Follows Previous Cycle Trends | Bitcoinist.com

June 28, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.