According to Pedro Gomes (@pedrouid), the Pectra upgrade represents a major technical advancement for Ethereum, but its trading impact will truly be realized as wallets, apps, SDKs, and services like WalletConnect implement the new EIP-7702 standard (source: Twitter, May 7, 2025). Traders should monitor adoption rates of EIP-7702 by major wallet platforms, as this could drive increased network efficiency, spur on-chain activity, and potentially boost ETH transaction volumes. The upgrade highlights Ethereum's continuing evolution, which could lead to higher volatility and new trading opportunities in the short term as developers and users adjust to the new infrastructure.

According to @DruxAMB, the introduction of a ₦30k reward in $RUSSELL for onboarding to the Base platform could increase onchain activity. This incentive aims to attract new users by offering tangible rewards, which might lead to increased trading volume and liquidity in the $RUSSELL market. Such initiatives are crucial for expanding user bases and encouraging participation in decentralized finance ecosystems.

According to @jessepollak, Coinbase Wallet aims to facilitate viral growth for apps, coins, and content, enhancing trading opportunities by increasing onchain activity. This strategy could potentially expand user engagement, offering traders new markets and liquidity sources as more users adopt blockchain technologies.