Vitalik Buterin confirmed that Ethereum next upgrade will happen in March

Ethereum is gearing up for a major transformation, with Vitalik Buterin confirming that the long-awaited Pectra upgrade will arrive in March.

The announcement comes amid a sharp increase in the network's gas limit, which has now surpassed 32 million, a milestone that signals growing transaction capacity. At the same time, ETH has rebounded sharply to around $2,800, up 7% in the last 24 hours.

The increase in the gas limit reflects a change in the sentiment of validators, with almost half of them supporting the correction. If implemented, it would be the first modification since Ethereum moved to a Proof-of-Stake mechanism, allowing for greater throughput while maintaining decentralization.

Buterin also highlighted ongoing improvements to Ethereum's infrastructure. Developers are making progress on Ethereum Improvement Proposal (EIP) 4444. Additionally, work continues on optimizing client performance to handle higher gas limits without compromising decentralization.

One of the biggest changes that Pectra will introduce is the improvement of second-layer scaling. By increasing the target blob from three to six, Ethereum's capacity for layer two transactions will effectively double.

Buterin suggested that future fixes be determined by stakers rather than waiting for a hard fork, which would allow for a more flexible and responsive update process.