Ethereum's (CRYPTO:ETH) core developers are targeting the launch of Pectra, the blockchain's next significant upgrade, by the first quarter of 2025.

The upgrade includes the EVM Object Format (EOF), comprising 11 Ethereum Improvement Proposals (EIPs), promising efficiency and flexibility enhancements for developers and users.

Pectra integrates PeerDAS for data availability sampling, leveraging Ethereum's peer-to-peer infrastructure to enhance network robustness.

Additionally, the upgrade introduces EIP-7702 to elevate externally owned accounts (EOAs) into smart contract wallets, enhancing user interactions with dApps.

Despite ongoing discussions, the community anticipates Pectra's launch to advance Ethereum's scalability, security, and functionality, positioning it as a leading blockchain network.