

2025 Ethereum Ecological Narrative Preview: Market upgrade from Pectra to NFT is renewed
Mar 05, 2025 am 11:18 AMIn 2024, the total market value of global crypto assets soared to an all-time high of $3.8 trillion, according to Forbes.
Among them, the unit price of BTC hit a historical peak of US$106,490.1 on December 17, 2024. Various Meme Coins are the only ones. With the progress and end of the US presidential election, it has become the absolute focus of the market. The Ethereum ecosystem has also experienced a very exciting year. Not only has it successfully completed the Dencun upgrade, but ETH achieved a market value increase of about 48%.
Optimization In 2025, what events are worthy of users’ attention in the Ethereum ecosystem?
Pectra Upgrade
Ethereum Pectra Upgrade is expected to be officially activated in the first quarter of 2025. The Ethereum Improvement Agreement to be implemented in this round of upgrades includes:
- EIP-2537: BLS12-381 Curve operation precompilation EIP-2935: Provide historical block hash in state
- EIP-6110: Provide validator deposit on the chain
- EIP-7002: Assets triggered by the execution layer
EIP-7549: Convert committee index Move out the verification signature
- EIP-7594: PeerDAS
- EIP-7685: General Execution Layer Request EIP-7251: Add MAX_EFFECTIVE_BALANCE
- EIP-7702: Set up EOA Account Code for a Transaction
EIP-7623 : Increase the call data fee
EOF-related technical agreements
- As early as November 2023, developers had already begun to deploy Ethereum Pectra upgrades. Initially, in the developer’s vision, this was just a small upgrade that could be done simultaneously with the March 2024 Dencun upgrade, but at the time there were many technical agreements that were not agreed upon and therefore not implemented. Open information on the Internet shows that Byzantine's co-founder and CEO Gaia Regis once said: The Pectra upgrade will fundamentally change the way the Ethereum security layer operates.
- After the Pectra upgrade is completed, developers have agreed that Verkle Transition is the next key reform area for Ethereum. What is Verkle Transition?
Decentralized real-world assets (hereinafter referred to as RWA) will release liquidity, especially in the real estate and carbon credit fields, and may see new explorations in the field of copyrighted works.
According to data from RWA.xyz, as of December 24, 2024, RWA had reached a total of approximately US$14.9 billion in asset lockouts, with more than 80,000 asset holders.
Juan Leon, senior investment strategist at Bitwise, pointed out in his latest weekly report released on December 18, 2024: Ethereum will usher in a strong rebound in 2025, with the biggest driving force coming from RWA. Relevant data shows that in the current RWA market, RWA on Ethereum accounts for 81%, dominating.
Stablecoin
A article published by Forbes on December 23, 2024 pointed out: Stablecoin has become one of the most successful use cases in the crypto asset field, relying on blockchains such as Ethereum, Solana and Tron to promote cross-chain transactions.
In 2024, Stablecoin's circulation supply reached 200 billion, and it is expected that the circulation supply in 2025 may continue to grow, exceeding 400 billion.
NFT
On December 22, 2024, an article published by the Web3 media platform cointribune. pointed out that the weekly sales of NFTs based on Ethereum reached an astonishing US$304 million, an increase of 76% compared with the sales of the previous week. The sales of NFTs on Ethereum accounted for 66% of the total NFT sales of that week. In particular, the popularity of some well-known NFT series continues to increase, such as the NFTs of the Azuki element series, whose sales increased by 226% compared with the previous week.
As the day 2024 is approaching its end, the sudden rise in Ethereum NFT sales seems to herald the market vitality that may be gained in 2025. Perhaps, with the joint promotion of more emerging use cases, some media pointed out that ETH is expected to hit a new value high of US$15,000 in May 2025. Let us look forward to it together!
The above is the detailed content of 2025 Ethereum Ecological Narrative Preview: Market upgrade from Pectra to NFT is renewed. For more information, please follow other related articles on the PHP Chinese website!

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