What happened in Ethereum after the Pectra update?

On May 7, 2025, Ethereum completed his last great update, known as the pein and after the first 24 hours of its implementation, the first effects begin to be noticed.

A revitalized Ether burning

After the activation of pein, the burning of a portion of the ETHER (eth) that users pay in their operations has experienced a remarkable rebounda mechanism actually established by the proposal of improvement of Ethereum 1559 (EIP-1559) in August 2021.

According to Ultrasound Money data reviewed by cryptootics, the network returned to a deflationary state, reviring a prolonged period in which Ether’s supply exceeded the burned. Thus, in the last 24 hours, Burning increased almost 12% Regarding total supply (blue line of the following image):

Although pein does not directly alter this mechanism, the expectation generated by the update promoted users to interact more with the network, increasing the activity ON-CHAIN. This greater demand for Ether for transactions triggered burning, a phenomenon that reflects the enthusiasm for Ethereum’s new capabilities.

The gas limit in the focus

Justin Drake, recognized developer of Ethereum and member of the Ethereum Foundation (EF), highlighted in X one of the opportunities that Pin enables: «I configured my validator for a 60 million gas limit, an increase of 66% from the 36 million is safe after sin. The validators establish the limit, vote with yours ».

In this sense, at the beginning of last February, Cryptonoticias had notified about the consensus of the validators of this network to increase the gas limit above 30 million, reached 34 million, a level close to what Drake, prior to the activation of pein.

The gas limit determines the amount of operations that a block can processdirectly impacting the cost and capacity of transactions. The pein improvements, such as the optimization of the size of the blocks and a more efficient management of the resources, allow the validators to experiment with higher limits without compromising the stability of the network, as expressed by the developer.

Drake also pointed to an ambitious future, mentioning the objective of reaching 1 gas giga per second in layer 1, equivalent to 10,000 transactions per second, according to your analysis. However, he also assured this circumstance will require advances in zero knowledge tests (Zero KnowledgeZK) for consumer devices, a horizon still distant, but that clings about.

BLOBS: More capacity, less costs

Another palpable change behind sin is observed in block processing. According to Etherscan, Blocks like 22433092 already include up to 7 BLOBSexceeding the previous average of 3 to 6.

The Blobs, as Cryptoics explained, are Data packages that layer 2 (L2) solutions use to reduce transactions costs when storing information outside the main chain. The EIP-7691, part of Pin, raises the maximum to 9 BLOBS By block, increasing the ability of the network to support ROLLUPSwhich depend on these data to operate efficiently.

This increase would directly benefit the L2, to the allow them to process more transactions at a lower costconsolidating Ethereum as a robust infrastructure for decentralized applications.

L2 take advantage of the impulse

Capa 2 solutions are also capitalizing on the pein improvements. Base, one of the most relevant L2 of the ecosystem, reported a 2.5% increase in its Throughput In the last 24 hours, according to the Grow The Pie site.

At the same time, in the following image extracted from that same source, you can see the growth of the Throughput During the last 24 hours in other L2, such as Unichain, Wordl Chain, Soneium and Op Mainnet:

He Throughput In L2 of Ethereum it refers to the ability to process transactions per unit of time, expressed in transactions per second (TPS) or, in some cases, in millions of gas per second (mgas/s), as mentioned in the context of networks as a base.

It is a key metric that indicates the scalability of an L2, that is, how many transactions can handle efficiently while maintaining low costs and takes advantage of the safety of the Ethereum main layer.

Jesse Pollak, a base developer, celebrated in X: “The basic gas target is now 35 mgas/s (+2.5) on the day of sin, we continue our march towards 1 ggas/s (gigagas per second).”

Concerns about EIP-7702

However, not everything has been enthusiasm. The EIP-7702, also explained by cryptootics and that allows Ethereum’s standard accounts to act as intelligent contract wallets, has generated concerns among some users in X.

A user, from Pseudonym Monsoon, warned: “A malicious site could fool you to sign a type 4 transaction (a transaction format defined in the EIP-7702), updating your wallet with malicious code that allows you to drain your funds later.” According to their analysis, those who operate wallets hardware, purses «Non-Mainstream» (unconventional) and anyone who firm transactions without verifying them would be particularly vulnerable.

For his part, Vladimir S, a threat researcher in the cryptocurrency ecosystem, said that, with sin, “you just need to sign a message to empty your account. Be very careful what firms now ».

However, Other experts relativized these risks. Defizard, researcher at the Mantle Network, explained that wallets can implement protections, such as safety systems such as Blockoid, already used in other chains such as Solana (Sol).

Finally, Ivo Georgiev, CEO of Ambirewallet, dismissed similar fears, ensuring that the purses reputed as Metamask, Rainbow or others, They do not allow malicious sites to request signatures from EIP-7702 authorizations. Despite these guarantees, the community underlines the importance of verifying each firm to avoid risks.

In such a way, the first hours after sirting already show the changes in the network, with a revitalized Ether burning, greater processing capacity and a rising L2 ecosystem. However, the risks associated with new functionalities such as EIP-7702 remember that innovation in Ethereum demands surveillance.