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Shiba Inu SHIB news

Shiba Inu To Benefit Big From Ethereum’s Pectra Upgrade – Here’s How

Jake Simmons
by Jake Simmons
7 months ago
·
Posted in Altcoin News, Shiba Inu
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In a post on X, Shiba Inu marketing lead Lucie (@LucieSHIB) highlighted the potential impact of Ethereum’s forthcoming “Pectra” upgrade on Shibarium, the layer-2 (L2) solution built by the Shiba Inu ecosystem. Slated for release in April 2025, the Pectra upgrade merges two planned improvements—Prague (execution layer) and Electra (consensus layer)—into a single overhaul designed to enhance scalability, staking, and user experience on the Ethereum network.

How Shiba Inu Will Benefit From Pectra

Lucie underscored several benefits that Ethereum’s evolution could bring to L2 platforms like Shibarium. In her post, she noted that the upgrade “will make Layer 2 solutions faster, cheaper, and easier to use,” thanks in large part to innovative features aimed at reducing friction and improving accessibility. She elaborated: “Users won’t need ETH for gas fees when moving assets, reducing costs and friction.”

Related Reading: Shiba Inu’s Shibarium Records Heartbreaking 96% Crash In Transactions, What’s Going On?

Moreover, there will be easier onboarding. New users can start using Layer 2 networks without first acquiring ETH, lowering entry barriers. Ultimately, the Pectra upgrade could result in a higher adoption of Shiba Inu.

“Flexible gas payments and better user experience mean more people will use L2s, driving growth and efficiency. This upgrade makes Ethereum’s ecosystem more accessible and affordable, giving Layer 2 solutions a huge boost,” Lucie concludes.

Ethereum’s Pectra upgrade combines multiple enhancements designed to streamline the blockchain’s core operations and bolster its efficiency. This includes account abstraction (ERC-4337) which enables gas fees to be paid in any ERC-20 token rather than just ETH.

According to Shibarium Updates (@Shibizens), this could open the possibility of using Shiba Inu ecosystem tokens—SHIB, BONE, or TREAT—for transaction fees on Ethereum, though actual adoption will hinge on wallet and protocol support.

Moreover, under Pectra, validators can stake up to 2,048 ETH—a major jump from the current 32 ETH requirement. While this increase could make large-scale staking more straightforward, it also raises questions about centralization if a smaller number of validators accumulate disproportionate amounts of stake.

Related Reading: Why Is Dogecoin And Shiba Inu Price Struggling Today?

Planned improvements to the Ethereum Virtual Machine (EVM) aim to reduce computational costs and accelerate execution times, making transactions cheaper for users. This, in turn, could enhance the affordability of L2 activity, benefitting Shibarium and other rollup-based solutions. A new data structure, Verkle Trees optimize how information is stored and validated on-chain, cutting down on node storage requirements and thus enabling smoother network operation.

PeerDAS (Peer Data Availability Sampling), designed to bolster L2 rollups by lowering costs and increasing throughput, could give solutions like Shibarium’s L2 an even stronger competitive advantage by improving how off-chain data is handled and secured.

While the potential for SHIB, BONE, or TREAT to become viable gas fee currencies exists, besides several performance improvements for Shibarium, experts caution that wide adoption of such functionality will rely on the active participation and support of wallet providers, decentralized applications (dApps), and broader Ethereum infrastructure. “[It] depends on adoption by wallets and protocols,” @Shibizens concludes.

At press time, SHIB traded at $0.00001329.

Shiba Inu price
SHIB price, 1-week chart | Source: SHIBUSDT on TradingView.com
Featured image from Shutterstock, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Jake Simmons

Jake Simmons

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Jake Simmons has been a Bitcoin enthusiast since 2016. Ever since he heard about Bitcoin, he has been studying the topic every day and trying to share his knowledge with others. His goal is to contribute to Bitcoin's financial revolution, which will replace the fiat money system. Besides BTC and crypto, Jake studied Business Informatics at a university. After graduation in 2017, he has been working in the blockchain and crypto sector. You can follow Jake on Twitter at @realJakeSimmons.

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