On October 22nd, Galaxy pointed out in the report that the Pectra upgrade is tentatively scheduled to activate the mainnet in early 2025. As of October, the Ethereum Pectra upgrade includes 10 EIPs and is expected to achieve three results: 1. Fix the key flaw of the protocol as a proof-of-stake blockchain. 2. Improve the user experience (UX) of interacting with smart contract applications on Ethereum; 3. Increase the data availability capacity of Ethereum.