The Pectra mainnet upgrade is scheduled to activate on the Ethereum mainnet on May 07, 2025 at 10:05:11 UTC. This upgrade introduces several major improvements, including:
- EIP-7702: Enhances Externally Owned Accounts (EOAs) with smart contract functionality, enabling features like transaction batching, gas sponsorship, and alternative authentication.
- Validator UX Improvements: Three new EIPs (7251, 7002, and 6110) improve the validator experience by increasing the maximum balance a validator can receive rewards on, introducing execution layer triggerable withdrawals, and removing deposit processing delays.
- Blob Scaling: EIP-7691 doubles Ethereum's blob throughput, reducing L1 fees for L2s and enabling cheaper L2 user transactions.
To be compatible with the upgrade, node operators and stakers must update their execution and consensus layer clients to the specified versions. Application developers should review the EIPs included in Pectra to determine if and how they affect their projects.