Ethereum Simplifies Access to Advanced Functionality With New Smart Wallet Integration

A recent update to the Ethereum network, Pectra, introduces EIP-7702, a crucial advancement that significantly enhances the functionality of Ethereum wallets. This innovative standard allows for the integration of smart wallet capabilities directly into conventional wallets, empowering users without needing to switch platforms. Within just its first week, over 11,000 authorizations have been recorded on this new system, highlighting user adoption’s rapid response.