- BlockPulsed confirms Hoodi’s successful deployment and Ethereum’s roadmap.
- Crypto analysts Ali Martinez and Michael van de Poppe highlight key upgrade impacts.
- Pectra will introduce new features like transaction batching and higher staking limits.
Ethereum’s Pectra upgrade is progressing after the successful deployment of the Hoodi testnet. Analysts from BlockPulsed confirm that this marks a major step toward the mainnet launch. Developers introduced Hoodi to replace Holesky and Sepolia, which faced disruptions. With Hoodi now operational, Pectra could launch on the mainnet as early as April.
BlockPulsed and Other Analysts Assess Hoodi Testnet
According to BlockPulsed, Ethereum developers deployed Hoodi successfully after Sepolia and Holesky encountered critical failures. Christine Kim, a blockchain researcher, reported that Hoodi’s participation rates have remained high. She expects developers, infrastructure providers, and validators to begin testing key Pectra features.
Holesky suffered from misconfigured client software, which prevented network finality. Sepolia also faced deposit contract issues, leading to incorrect event triggers. An unknown attacker exploited this vulnerability, mining empty blocks and further destabilizing the testnet.
Analysts emphasized that the Hoodi testnet must remain stable for a smooth Pectra launch. He believes the new testnet will improve validator efficiency and staking security. Additionally, market strategist Michael van de Poppe noted that Ethereum’s network upgrades often influence investor sentiment, potentially leading to higher market volatility.
Ethereum Developers Prepare for Pectra’s Mainnet Release
Ethereum’s latest roadmap suggests Pectra could go live by April 25. BlockPulsed analyst reports that developers aim to keep Hoodi stable to support the transition. The testnet will host one million validators and serve as the primary testing ground for staking providers.
Pectra will introduce new features like transaction batching and sponsored transactions. The upgrade will also increase the maximum staking balance from 32 ETH to 2,048 ETH. This change will allow validators to consolidate their holdings and improve efficiency.
Ethereum developers are also considering EIP-7688, which aims to introduce stable data structures. BlockPulsed believes this proposal will enhance consistency across network forks and support Ethereum’s long-term scalability.
Ethereum Price Outlook and Market Sentiment
Ethereum’s price remains volatile ahead of the Pectra upgrade. Historically, major network upgrades have influenced price movements. However, uncertainty persists due to fluctuating market conditions.
The price of ETH stands at $1,896 with a 5.95% decrease observed after 24 hours. In the last week ETH achieved a 1.1% increase yet daily trading volume rose by 5.73% to $12.41 billion. BlockPulsed analysts believe this trading activity signals renewed investor interest.
On-chain data shows that Ethereum engagement is rising. Daily active addresses have increased from 346,000 to 361,000. Ethereum’s stablecoin balance has grown 61.5% in 12 months, reaching $129.4 billion. Analysts suggest ETH could rally if Pectra’s launch proceeds without delays.