Ethereum Developers Launch Hooli Testnet, Advance Pectra Upgrade

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The Ethereum core developers have announced that they will launch the Hooli testnet on March 17 to address the configuration issues of the Pectra upgrade on the Sepolia and Holesky testnets. Pectra aims to improve transaction speed, efficiency, and user experience, and introduce new features that give wallet addresses smart contract capabilities and the ability to pay transaction fees with non-ETH assets. If the Hooli test is successful, the Pectra upgrade is expected to be deployed within 30 days, potentially going live on the mainnet by the end of April or early May. The developers stated that Hooli is primarily used to test validator exit, while Sepolia and Holesky are still used for other tests. (CoinDesk)

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