Online reports that Ethereum's Pectra upgrade will be available today (UTC) at 9:55 p.m. on the Holesky Test Network, allowing developers to test new improvements before they enter the Ethereum main network. Pectra has introduced features to enhance Ethereum accounts, support for Layer 2 extensions and improve the user experience for verifiers. According to the Ethereum Foundation, Pectra represents an important step towards account abstraction. One of the major changes includes EIP-3074, which enhances Ethereum account abstraction by allowing externally owned accounts (EOA) to perform bulk transactions and sponsor gas payments. In addition, the Pectra upgrade will increase Ethereum's blob capacity by 50%. The main network currently supports an average of 3 blobs per block, which will increase to 6 after Pectra deployment.