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311d 18h ago

Ethereum’s Pectra Upgrade Set for May 7th: Enhancing User Experience with Smart Contract Wallets

ETH

ETH/USDT

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$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
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Long: 69.8%Short: 30.2%
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Data provided by COINOTAG DATALive data
Ethereum
Ethereum
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1.67%

Volume (24h): -

Resistance Levels
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Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

COINOTAG News reports that Ethereum developers have confirmed the much-anticipated Pectra upgrade is scheduled for May 7th, marking a significant milestone for the blockchain ecosystem. This upgrade, the most comprehensive since March 2024, is expected to introduce a suite of improvements designed to bolster the Ethereum user experience and operational efficiency. A notable enhancement includes the integration of Smart Contract functionality directly into wallets, which aims to elevate user engagement by making wallet operations more intuitive and facilitating easier recovery of assets. Stakeholders in the crypto space should closely monitor these developments as they could have far-reaching implications for the future of decentralized applications and user interactions within the Ethereum network.

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