Amid pressure from investors and competition from alternative blockchains, Ethereum co-founder Vitalik Buterin announced the possibility of faster implementation of network updates. In his post on platform X (formerly Twitter), he noted that after the upcoming Pectra update, “resistance to faster hard forks is virtually nonexistent.”
This is reported by Business • Media
“most prefer to dance kumbaya” is vibes, not reality. From where I’m standing, there’s basically universal agreement among researchers that gas limit increase features are top priority for glamsterdam.@adietrichs and others in ER have this as their primary focus: delayed…— vitalik.eth (@VitalikButerin) April 13, 2025
The Pectra update, scheduled for May 7, 2025, aims to enhance the capabilities of smart contracts for cryptocurrency wallets, increase staking limits, and configurations for data storage. This will be the largest update since the launch of Dencun and will lay the groundwork for the next phase of Ethereum’s development, emphasized Buterin.
Vitalik Buterin also mentioned the upcoming Glamsterdam and Fusaka updates, highlighting that the priority will be increasing the gas limit. If the technical solutions are ready, implementation may occur sooner than expected.
At present, the price of Ethereum continues to decline, while Solana shows more stable dynamics. As a result, the SOL price relative to ETH is rising: on April 13, 2025, the SOL/ETH ratio on the Binance exchange reached 0.082, which is 40% higher compared to the beginning of the year.
Meanwhile, over the past three months, the price of Ethereum has fallen by 47.9%, and the asset is now trading at $1631, with a market capitalization reduced to $197.1 billion. In comparison, the price of Solana has decreased by 27.5% over the same period, and the current value of the asset is around $132, with a market capitalization of $68.7 billion.
Analysts note that the price gap between Ethereum and Solana has become the most significant since January 2025. The ETH/BTC pair is also experiencing a decline, currently reaching a low not seen since January 2020 at 0.019.
Recall that the future of the Ethereum project and ways to reform it were previously discussed.