On March 14, according to the All Devs Call this Thursday, Ethereum Foundation developers will launch a new testnet called Hoodi, which will test the final Pectra deployment before activation on the . This new "long-term" testnet is expected to launch on March 17. Previously, the Pectra activation on the Holesky and Sepolia testnets encountered configuration issues, leading to a delay in the official release timeline. The Pectra upgrade aims to improve the usability and scalability of Ethereum. It includes reducing data availability costs by increasing the number of "blob" transactions on Layer 2 networks, significantly increasing staking limits, and introducing account abstraction, which greatly expands the functionality of smart contracts and wallets. Pectra is most likely to be activated on the Ethereum on April 25, approximately 30 days after the deployment of the new Hoodi testnet upgrade plan.