Ethereum Developers Plan Next Upgrade, "Pectra," to Improve User Experience and Increase Staking Limit

Following the successful Dencun upgrade, Ethereum developers are planning the next upgrade, called "Pectra," which aims to include small improvements while simultaneously working on the chain's next upgrade. The upgrade is likely to include EIP 3074, which proposes code changes to improve the user experience of Ethereum wallets by allowing users to batch transactions and sign off on them all at once. Another proposed change is EIP 7251, which would increase the staking limit for validators from 32 ETH to 2,048 ETH, allowing large staking providers to consolidate their validators and avoid bogging down the system. The upgrade is expected to be released at the end of 2024 or early 2025.