Key Points: Pectra (Prague + Electra) is the largest hard-fork bundled upgrade since The Merge, comprising 11 Ethereum Improvement Proposals (EIPs) aimed at simultaneously reducing data costs, simplifying smart account operations, and optimizing validator operations. EIP-7691 doubles the Blob target capacity to six and raises the hard cap to nine. This reduces Layer 1 data availability (DA) gas costs to below approximately 1 Gwei, with swap fees on major L2s briefly dropping below $0.02. Now,...
