According to Crypto Rover, Ethereum's Pectra upgrade is scheduled to go live this week on May 7, bringing significant improvements to staking, blobs (data availability), and account abstraction. These upgrades are designed to increase chain efficiency and scalability, potentially attracting more institutional and retail interest. Traders are closely watching for a breakout in ETH price action, as past network upgrades have historically led to increased volatility and higher trading volumes (source: @rovercrc, Twitter, May 5, 2025).