On May 7, 2025, Ethereum developers activated the Pectra upgrade, enhancing the network with key proposals. This includes EIP-7702, allowing externally owned accounts to function as smart contracts, EIP-7251, raising the validator staking cap to 2,048 ETH, and EIP-7691, increasing data blobs per block to boost scalability. The upgrade aims to improve transaction efficiency and reduce fees. Concurrently, US Democrats initiated a campaign against President Trump’s crypto ventures with the proposed MEME Act, which would limit federal officials' participation in digital asset activities. Additionally, New Hampshire became the first state to invest in cryptocurrency officially, as Governor Kelly Ayotte signed a bill allowing state treasury to invest in crypto assets with high market capitalizations. These developments reflect significant advancements and regulatory actions within the crypto space.

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