Ethereum (ETH) Rises 10% on Pectra Upgrade Announcement
1min read Spring 2025 is poised to be a transformative period for the crypto market, with several significant launches on the horizon. These developments are expected to reshape the industry landscape, despite recent market volatility and liquidations. Key among these launches is Ethereum's Pectra upgrade, which aims to enhance scalability, efficiency, and usability. The upgrade, scheduled for late March to early April, combines the Prague and Electra upgrades, introducing features such as flexible gas payments, optimized staking, and technical advancements like Verkle Trees and PeerDAS. A notable highlight is account abstraction, allowing users to pay transaction fees with ERC-20 tokens like USDC, thereby simplifying transactions and improving accessibility. The upgrade will be rolled out in two phases, with the initial phase focusing on increasing layer-2 storage capacity and lowering fees, and the second phase integrating advanced optimizations to further enhance network performance. Pectra builds on the foundation laid by the Dencun upgrade in 2024, which introduced proto-dank sharding to reduce layer-2 transaction costs. By addressing key bottlenecks, Pectra positions Ethereum for broader adoption and long-term sustainability, reinforcing its role as the leading smart contract platform.
Another anticipated launch is the decentralized Michelin Guide by daGama, which aims to combat the issue of fake online reviews. Utilizing AI and blockchain technologies, daGama prioritizes authenticity over advertising budgets. The platform introduces Real-World Location, a decentralized map based on real user experiences rather than marketing campaigns. With a Multi-Level Anti-Fake System that combines AI algorithms, blockchain verification, and DAO governance, daGama ensures that only verified recommendations are posted. Users are rewarded for their contributions through the Post & Earn mechanics, powered by the Arbitrum-based Protocol. By eliminating traditional advertising, daGama is set to revolutionize the review landscape for restaurants, services, and travel, potentially becoming the new "decentralized Michelin" with the imminent launch of its mobile app.
FNT, a platform merging DeFi, CeFi, and Game-Fi elements, is redefining financial activities by transforming them into an interactive and rewarding experience. Unlike traditional banks, FNT offers an all-in-one crypto banking solution that integrates savings, staking, trading, and payments within a single ecosystem. Backed by GUP, a licensed Swiss provider with extensive experience in blockchain-powered fintech solutions, FNT 
Ask Aime: What is the Pectra upgrade on Ethereum, and how will it impact the crypto market?
