Ethereum's next upgrade, 'Pectra,' is expected to include wallet UX improvements

"The next Ethereum upgrade, 'Pectra,' may include improvements to the Ethereum wallet user experience (UX) and functionality for institutional stakers," said Ethereum (ETH) Core Developer Tim Beiko. Pectra is a combination of the Prague upgrade, which will be applied to the execution layer, and the Electra upgrade, which will be introduced to the consensus layer, representing two simultaneous upgrades happening at different layers. "The Pactra upgrade may include EIP-3074, a set of proposed code changes to improve UX, and EIP-7251, which increases the staking limit per validator from 32 ETH to 2,048 ETH for institutional stakers like Coinbase and LDO. In particular, the introduction of EIP-7251 will reduce the need to create a new validator every time a validator adds 32 ETH and the resulting system load. Pectra aims to complete the upgrade by the end of this year or early next year. It will be a relatively small upgrade." After Pectra, Ethereum Core developers will begin work on a new system designed to allow nodes to store large amounts of data, known as the verkle tree.