The Ethereum Foundation has published an official timeline for the Petra upgrade, the next major overhaul of the Ethereum network. Testnet deployment is scheduled for June with a mainnet launch targeted for late August 2026.
Petra will introduce improvements to validator efficiency, reduce gas costs for layer-2 rollups, and enhance the network's blob data capacity. Developers say the upgrade should make Ethereum significantly cheaper for end users.
The announcement was well received by the community, with ETH rising 3 percent in the hours following the publication.