{"id":16632,"date":"2025-03-07T09:01:53","date_gmt":"2025-03-07T09:01:53","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=16632"},"modified":"2025-03-07T09:01:53","modified_gmt":"2025-03-07T09:01:53","slug":"pectra-live-on-testnet-but-will-ethereum-follow-historical-post-hard-fork-trends","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=16632","title":{"rendered":"Pectra Live on Testnet: But Will Ethereum Follow Historical Post-Hard Fork Trends?"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">The crypto market is down 5.3% to around $2.99 trillion in the last trading day. Traders are, nonetheless, bullish about what lies ahead. For Ethereum holders, however, bulls must show their hand more convincingly before they can fully commit.\u00a0\u00a0<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/analysis\/crypto-forecast-best-crypto\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">10 Coins with High Returns: Crypto Forecast 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Ethereum Underperforming Despite Pectra Deployment On Sepolia Testnet<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">From the<\/span><span data-preserver-spaces=\"true\"> daily chart<\/span><span data-preserver-spaces=\"true\">, <\/span><span data-preserver-spaces=\"true\">ETH is down nearly 50% from its 2024 highs, trading at $2,100.<\/span> <span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\"> is an improvement from the near-$2,000 level seen in late February. Despite the current state of price action, traders are confident that the eventual activation of Pectra in March 2025 could catalyze demand.\u00a0\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full\" src=\"https:\/\/www.tradingview.com\/x\/gLPTcZvm\/\" width=\"1499\" height=\"859\"><\/p>\n<p><span data-preserver-spaces=\"true\">According to reports, Pectra was deployed to the Sepolia testnet this week. <\/span><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\"> is a <\/span><span data-preserver-spaces=\"true\">major<\/span><span data-preserver-spaces=\"true\"> step since Pectra first launched on the Holesky testnet after delays caused by incorrect deposit contract addresses. <\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Sepolia has successfully upgraded to Pectra <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f680.png\" alt=\"\ud83d\ude80\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>(Hope I don&#8217;t jinx it this time) <a href=\"https:\/\/t.co\/pPtufWbHh2\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/pPtufWbHh2<\/a><\/p>\n<p>\u2014 terence (@terencechain) <a href=\"https:\/\/twitter.com\/terencechain\/status\/1897188184871854145?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">March 5, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">While currently on Sepolia, developers have <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/TimBeiko\/status\/1897206184639390145\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">identified<\/span><\/a><span data-preserver-spaces=\"true\"> minor issues, most <\/span><span data-preserver-spaces=\"true\">of them<\/span><span data-preserver-spaces=\"true\"> related to custom deposit contracts, which <\/span><span data-preserver-spaces=\"true\">in turn raise<\/span><span data-preserver-spaces=\"true\"> concerns about execution-layer clients processing transactions effectively.<\/span><span data-preserver-spaces=\"true\"> There are also issues with empty blocks.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">looks like sepolia has some issue after pectra<\/p>\n<p>a lot of empty blocks <a href=\"https:\/\/t.co\/0kDTyBUvNn\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/0kDTyBUvNn<\/a><\/p>\n<p>\u2014 Emiliano Bonassi (@emilianobonassi) <a href=\"https:\/\/twitter.com\/emilianobonassi\/status\/1897208093404176701?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">March 5, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">With these lingering concerns, developers are working to address all issues before the All Core Developers call in the coming weeks.\u00a0\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Once Pectra goes live, <\/span><span data-preserver-spaces=\"true\">several improvements will be added<\/span><span data-preserver-spaces=\"true\"> to the mainnet. Some of these include enhancements to user experience, especially for those who frequently engage with crypto wallets. Other <\/span><span data-preserver-spaces=\"true\">major<\/span><span data-preserver-spaces=\"true\"> upgrades Pectra introduces include increasing the validator staking limit from 32 ETH to 2,048 ETH and raising the maximum blob count <\/span><span data-preserver-spaces=\"true\">to further boost Layer-2 scalability<\/span><span data-preserver-spaces=\"true\">.\u00a0\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">All these upgrades <\/span><span data-preserver-spaces=\"true\">are expected<\/span><span data-preserver-spaces=\"true\"> to cement Ethereum as a top smart contracts platform, potentially surpassing competitors like Solana. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, no one knows <\/span><span data-preserver-spaces=\"true\">exactly<\/span><span data-preserver-spaces=\"true\"> how ETH prices will react. If historical price action following key hard forks is any indication, ETH holders may have to endure even more losses in the coming months.\u00a0\u00a0<\/span><\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coin-icos\/\" target=\"_blank\" rel=\"noopener\">Best Meme Coin ICOs to Invest in March 2025<\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Will ETH Tank?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Analysts at IntoTheBlock <a class=\"general-link\" href=\"https:\/\/x.com\/intotheblock\/status\/1897575687357149671\" target=\"_blank\" rel=\"noopener nofollow\">note<\/a> that every time Ethereum activates key upgrades, ETH prices tend to drop despite the initial hype before these changes <\/span><span data-preserver-spaces=\"true\">are implemented<\/span><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GlWKigcXQAEty_K?format=jpg&amp;name=large\" alt=\"Image\"><\/p>\n<p><span data-preserver-spaces=\"true\">When Ethereum activated The Merge in 2022, transitioning the chain from a proof-of-work to a proof-of-stake network, ETH prices <\/span><span data-preserver-spaces=\"true\">ended up tanking<\/span><span data-preserver-spaces=\"true\"> to below $1,000 by the end of the year. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Roughly a year later, in early 2024, when Dencun went live, ETH prices fell from $4,100 to $2,100 by August 2024. Like The Merge, Dencun was a critical upgrade that significantly allowed Layer-2 rollup platforms like Base and Arbitrum to scale. By introducing proto-danksharding under EIP-4844, the cost of rollups dropped by 99%. <\/span><span data-preserver-spaces=\"true\">Even after<\/span><span data-preserver-spaces=\"true\"> this successful deployment, ETH prices sold off before recovering in late 2024.\u00a0\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It remains to <\/span><span data-preserver-spaces=\"true\">be seen<\/span><span data-preserver-spaces=\"true\"> whether Pectra will become another<\/span><span data-preserver-spaces=\"true\"> \u201c<\/span><span data-preserver-spaces=\"true\">sell the news<\/span><span data-preserver-spaces=\"true\">\u201d <\/span><span data-preserver-spaces=\"true\">event, potentially forcing ETH below the critical support level at $2,000.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Ethereum remains a top smart contracts platform, and many analysts consider ETH one of the <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"noopener\">best coins to buy in 2025<\/a>. <\/span><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\"> is despite <\/span><span data-preserver-spaces=\"true\">the existence of<\/span><span data-preserver-spaces=\"true\"> competitive platforms like Solana, from which tens of thousands of meme coins have <\/span><span data-preserver-spaces=\"true\">been launched<\/span><span data-preserver-spaces=\"true\">.\u00a0\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In Peter <\/span><span data-preserver-spaces=\"true\">Brandt\u2019s <\/span><span data-preserver-spaces=\"true\"><a class=\"general-link\" title=\"Is Ethereum Crypto About to Skyrocket to $6,000? Best Crypto to Buy After Trump Crypto News\" href=\"https:\/\/99bitcoins.com\/news\/presales\/is-ethereum-crypto-about-to-skyrocket-to-6000-best-crypto-to-buy-after-trump-crypto-news\/\" target=\"_blank\" rel=\"noopener\">assessment<\/a>, ETH could shake off its current weaknesses and surge above $4,100, possibly reaching as high as $6,000 in the coming years. Key drivers will include institutional adoption and a market-wide recovery, especially if there is follow-through and a crypto reserve <\/span><span data-preserver-spaces=\"true\">is created<\/span><span data-preserver-spaces=\"true\"> in the United States in 2025.<\/span><\/p>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         Pectra transitions to Sepolia testnet     <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         Mainnet set for late Q1 2025 to early April 2025     <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         Will ETH prices defy historical trends and surge after this upgrade?     <\/li>\n<\/ul>\n<p>[\/key_takeaways]<\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/pectra-live-on-testnet-but-will-ethereum-follow-historical-post-hard-fork-trends\/\">Pectra Live on Testnet: But Will Ethereum Follow Historical Post-Hard Fork Trends?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The crypto market is down 5.3% to around $2.99 trillion in the last trading day. Traders are, nonetheless, bullish about what lies ahead. For Ethereum holders, however, bulls must show their hand more convincingly before they can fully commit.\u00a0\u00a0 EXPLORE:\u00a010 Coins with High Returns: Crypto Forecast 2025 Ethereum Underperforming Despite Pectra Deployment On Sepolia Testnet [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-16632","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16632","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16632"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16632\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}