Whale interest in ETH declined significantly in the last few days.network did not interrupt development activity on the Ethereum network one bit.Ethereum had one of the highest number of code commits and active developments on its network.In the recent developers call, Ethereum developers ironed out details for the upcoming Pectra upgrade to the Ethereum system. Pectra is being rigorously tested on special test versions, called Devnets, before going live.
Second, it will introduce a new system called EIP 7702. This system allows users to grant permission to other programs to control their transactions, similar to giving someone a key to your digital wallet. The EOF team will provide more tests to aid development. Additionally, EOF meetings have shifted to bi-weekly as specifications are finalized.
The meeting also included announcements. A new standardized format for writing improvement proposals was suggested to ensure better reviews.ETH remains stable
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