Ethereum Foundation Launches Pectra Tesnet ‘Mekong’, ETH Price Set For $4000

Quick Summary:

Ethereum Foundation on Thursday announced launch of its first short-lived Pectra testnet ‘Mekong.’ This testnet includes all the EIPs proposed for the upcoming Pectra upgrade on the Ethereum network.

Will this trigger ETH price rally to $4000 as the price jumped 8% in the last 24 hours?

It includes changes such as UX changes via EIP-7702, staking changes via EIP-7251, changes to the deposits and exit mechanisms via EIP-6110 and EIP-7002.

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Article Details

Author / Journalist: Varinder Singh

Category: Crypto

Markets: India

Topics: Ethereum Foundation Ethereum News Altcoin News 24/7 Cryptocurrency News Testnet Ethereum (ETH)

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 12:51:43 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 449 words

Reading Time: 3 minutes read

Sentences: 39 lines

Sentence Length: 12 words per sentence (average)

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Copyright Owner: © CoinGape

News ID: 23460999

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