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HomeCrypto NewsEthereum’s Pectra Upgrade Hits Testnet, Mainnet Launch Delayed
Crypto News

Ethereum’s Pectra Upgrade Hits Testnet, Mainnet Launch Delayed

Ethereum’s highly anticipated Pectra upgrade has officially launched on the Sepolia testnet

VVictor•Mar 5, 2025
Ethereum's Pectra Upgrade Hits Testnet, Mainnet Launch Delayed

Ethereum developers are still working out some kinks on the Holesky testnet, which could push back the mainnet activation.

On March 5, 2025, Ethereum’s Pectra upgrade was successfully deployed on the Sepolia testnet at 7:29 am UTC.

Pectra Hits Sepolia, but Holesky Issues May Delay Mainnet

The upgrade, which consists of 11 separate Ethereum Improvement Proposals (EIPs), went live “with a perfect proposal rate,” according to Terence, a core Ethereum contributor. This marks a major milestone for the project as developers work to improve Ether staking, Layer-2 (L2) scalability, and overall network capacity.

The Sepolia upgrade is a major step in the process, but there’s still some work to do. Ethereum’s team had already activated Pectra on the Holesky testnet on February 24. Unfortunately, the upgrade failed to finalize, leaving developers scratching their heads. As a result, there’s a possibility that the mainnet launch could be delayed until these issues are fully addressed.

The Ethereum Foundation had previously confirmed that once both the Holesky and Sepolia testnets were successfully upgraded to Pectra, they would pick an activation epoch for the mainnet. But with the Holesky upgrade still not settled, the timeline for the mainnet release is up in the air.

More About Ethereum

An Ethereum whale made a big splash, purchasing 17,855 ETH for $36 million at an average price of $2,054. This latest buy adds to their massive Ethereum stash, bringing their total holdings to a staggering $2.53 billion.

The move signals strong confidence in Ethereum’s future as large investors continue to accumulate despite market uncertainties.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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terence
terence
@terencechain
·Follow

Sepolia has successfully upgraded to Pectra 🚀 (Hope I don't jinx it this time)

Image
7:31 AM · Mar 5, 2025
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Read 40 replies
Ted
Ted
@TedPillows
·Follow

Ethereum whale bought 17,855 $ETH worth $36,000,000 at an average price of $2,054. Total holding $2,530,000,000 Ethereum. You think this is going down? Think again 🚀

Image
7:31 AM · Mar 5, 2025
1.9K
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Read 164 replies