Ethereum core developers are planning to launch Pectra, the next upgrade for Ethereum, by the end of the first quarter of 2025. This upgrade will include the EVM Object Format (EOF), a set of approximately 11 EIPs that introduce an opt-in container for EVM code.

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Yes ,ethereum is the base network for many other network's.Ethereum provides ERC-20 and ERC-721 standards for crypto tokens and NFT creation

It may be safe to say that Ethereum is the most extensive market network.