Ethereum Developers Launch ‘Hooli’ Testnet to Finalize Pectra Upgrade Amid Previous Challenges

Ethereum’s core developers are set to launch a new test network, dubbed “Hooli,” on March 17, aiming to finalize the Pectra upgrade following earlier testing setbacks. The Pectra upgrade is designed to enhance Ethereum’s speed, efficiency, and user experience by introducing advanced smart contract functionalities.

Previous attempts to test Pectra on the Sepolia and Holesky testnets encountered configuration issues, hindering proper evaluation. In particular, the Holesky network experienced prolonged downtime due to flawed test configurations. These challenges prompted developers to establish the Hooli testnet as a dedicated environment to thoroughly assess Pectra’s performance and stability.

Tim Beiko, who coordinates Ethereum’s core developers at the Ethereum Foundation, announced that the Hooli testnet will undergo the Pectra upgrade on March 26. If this testing phase proves successful, the mainnet deployment of Pectra is anticipated in late April or early May, following approximately 30 days of additional testing.

The Pectra upgrade introduces several code changes aimed at making Ethereum faster, more efficient, and more user-friendly for both users and developers. One of the most significant improvements adds “smart contract” functionality to addresses, allowing user wallets to be programmed with new features, such as the ability to pay transaction fees in currencies other than ETH.

The successful implementation of Pectra is viewed as crucial for maintaining Ethereum’s competitiveness, especially amid challenges such as declining ETH prices and competition from emerging blockchains like Solana. A smooth rollout of Pectra could reinforce confidence in Ethereum’s technical roadmap and its ability to adapt to the evolving blockchain landscape.