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Ethereum recorded over 11,000 EIP-7702 smart wallet authorizations within a week of the Pectra upgrade going live on May 7, 2025, signaling rapid adoption of the new feature by users and applications.

The Pectra upgrade is a comprehensive Ethereum network update launched in May 2025, introducing multiple improvements including EIP-7702, validator enhancements, and Layer 2 scaling upgrades.

The introduction of EIP-7702 through the Pectra upgrade marks a significant step toward making Ethereum more user-friendly, secure, and developer-oriented, reinforcing the network’s position as a flexible and scalable blockchain.

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Pectra launch leads to over 11K EIP-7702 authorizations

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