Ethereum developers agreed to raise the maximum validator stake from 32 to 2,048 ETH in the upcoming Pectra upgrade. The proposal was discussed during Thursday's core developer meeting.

The Ethereum core development team decided to incorporate the change, referred to as EIP-7251 or “increase max effective balance,” into Pectra, expected by the end of 2024. This enhancement, if implemented, will enable individual validators to maintain an effective balance ranging from 32 to 2,048 ETH instead of the current limit of 32 ETH.

Currently, Ethereum validators are subject to an effective balance cap set at both the minimum and maximum of 32 ETH. This requirement forces large-scale staking operations to establish multiple validators to earn yield on amounts greater than this. There are over …