Ethereum Mainnet to Execute Pectra Upgrade on May 7

According to Jinse, Tim Beiko, the Ethereum Foundation's protocol support lead, stated that the Pectra upgrade will be live on the mainnet on May 7, with an expected epoch height of 364032. It is reported that Pectra introduces EIP-7702, allowing standard Ethereum accounts (EOAs) to extend smart contract functionality, supporting use cases such as batch transactions, gas sponsorship, and social recovery. For stakers, Pectra introduces a feature to increase validators' effective balance.