Pectra Feature Now Live: Ethereum (ETH) EIP-7702 Wallet Begins Rollout
Ethereum’s Pectra upgrade officially launched this Wednesday, and SuperEx was among the first to deliver a comprehensive breakdown of the upgrade. For users who want a deep dive, feel free to click on “Ethereum’s Pectra Upgrade Explained: Can It Solve Ethereum’s Market Dilemma?” to read the full details.
Looking back on this Pectra upgrade, it brought improvements across user experience, Layer 2 blockchains, and validator mechanisms. If we think of Ethereum as a city, then Pectra is like upgrading the city’s infrastructure — making it far more “modern.”
As one contributor from Optimism put it: “This marks the moment Ethereum finally starts feeling like a modern network.”
This is the largest upgrade in Ethereum’s history so far. Ambire and Trust Wallet were among the first wallets to support Ethereum (ETH)’s Pectra upgrade and EIP-7702, enabling existing user accounts to fully take advantage of account abstraction capabilities.
According to the latest statement Ambire provided to Cointelegraph, the core of EIP-7702 is empowering existing user accounts with ‘smart account’ functionality, allowing regular addresses to temporarily act like smart contracts. What this means is: users no longer need to create a new address on-chain — they can now tap into the powerful features of account abstraction through a truly seamless transition and functional upgrade.
Meanwhile, Trust Wallet also announced support for the upgrade and immediately implemented a major change: users can now pay gas fees with stablecoins like USDT or USDC, no longer limited to ETH. The introduction of this mechanism greatly enhances the usability and flexibility of wallets — especially for frequent traders or non-technical users.
From self-custody security to transactional flexibility, the evolution of wallets in this direction is becoming increasingly clear — they must offer smart contract-level programmability, while also preserving decentralization and user sovereignty at their core. The arrival of account abstraction is bringing Ethereum’s ecosystem closer to its vision of “programmability for all, control for all.”
Account Abstraction Isn’t a New Term — But This Time, It’s Really Being Used
Account abstraction was proposed years ago. Its core idea was to allow normal user accounts (also known as EOAs) to have smart contract capabilities. Previously, if you wanted to automate something — like placing a limit order, doing batch transfers, or setting up social recovery — you had to use a smart contract wallet like Gnosis Safe or Argent. But the problem was: these smart wallets were hard to use, complex to deploy, expensive on gas, and incompatible with your existing wallet address. The experience wasn’t great.
But EIP-7702 brings a brilliant solution: instead of forcing you to deploy a brand-new contract address, it lets your existing old address directly gain “temporary smart account” capabilities. When you initiate a transaction, it can temporarily load a piece of contract logic — and once that transaction finishes, it goes back to being a normal account. It’s like attaching a plugin: flexible, low-cost, and fully compatible.
Put simply, we used to only have old-school feature phones. Now, your feature phone suddenly gains a temporary smart plugin, and while it might not run full 5G multitasking all the time, it can absolutely handle most of the smart operations you want.
Do Users Need This? Of Course They Do!
The most intuitive improvement is this: wallets now just feel smoother to use.
Ambire and Trust Wallet have already started rolling out support for EIP-7702. In particular, Trust Wallet’s innovation is a big deal — users can directly pay gas with USDT or USDC, no longer needing to prepare ETH for every little transaction. For many users who “only know how to play GameFi and don’t understand on-chain operations,” this is a blessing.
Say you’re a GameFi player, running a few tasks, opening loot boxes, or participating in events daily on-chain. Previously, you had to have ETH ready in your wallet — otherwise, you couldn’t even sign a transaction. But now? So long as you’ve got USDT in your wallet, you’re good to go. Low ETH balance is no longer a roadblock.
And this is just the beginning. As account abstraction rolls out more widely, we can expect many more “smart wallet actions” to become smooth and automated — like auto-harvesting yield, auto-restaking, setting spending limits, managing sub-accounts… this is what a true Web3 wallet should look like.
What About Developers? Functional Composability Just Got a Huge Boost
From the developer’s perspective, one of the biggest changes Pectra brings is its support for modular contract logic. Now, they can develop modular features like “Gas Token Modules,” “Limit Order Modules,” “Authentication Modules” for wallets — transforming wallets from mere tools into platforms, into customizable operating systems.
And here’s the best part: you don’t need to worry about address compatibility. Users don’t need to redeploy new wallets, and you don’t need to guide them through complicated migrations. All you have to do is embed the corresponding module logic into a particular transaction, and it just works. Those who’ve used it will know.
This is very much like Web2’s plugin mechanism — like browser extensions or VSCode plugins. Only load them when needed, and keep things clean and light when not in use. This approach dramatically lowers the barrier to expanding wallet features.
Ethereum Finally “Feels Like a Modern Network”
Pectra is being called the largest upgrade in Ethereum’s history not just because of its rich content and broad functional scope, but more importantly, because it finally gives Ethereum the basic infrastructure a modern network should have.
For example:
Account abstraction is now live, so user operations are no longer limited by “do you hold ETH or not”;
Validator experience is improved, reducing certain uncertainties tied to validator roles;
Layer 2 support mechanisms are strengthened, laying the groundwork for rollups to become mainstream;
Gas fee logic and transaction preprocessing are updated, improving overall network efficiency.
Over the past few years, Ethereum has taken a lot of heat — being called “technologically outdated,” “a pain to use,” and even losing users to new chains like Solana and Sui. Now, Pectra feels like an internal overhaul — not just a performance boost, but a rebuild of core logic that marks a key step toward friendliness for both users and developers.
Why Is This Upgrade a Boost to Market Confidence?
In the broader context, the Pectra upgrade actually resonates with a wave of recent market policy signals.
For instance, the U.S. is signaling looser monetary expectations (Powell may talk tough, but the market sees through it), a preliminary UK-US trade deal has emerged, and Trump is repeatedly shouting that “now is a great time to buy stocks.” Market confidence is slowly warming up again. And just at this moment, Ethereum mainnet drops a major technical upgrade, directly aligning with the narrative that “tech innovation drives the next bull cycle.”
The market data reflects this too. Post-upgrade, ETH surged 19.6%. Anonymous crypto trader Daan Crypto Trades called it “a pretty insane candle.” In the same 24-hour window, Ethereum open interest (OI) spiked 21%.
Final Thoughts
To wrap it up, the Pectra upgrade represents a system-level evolution for Ethereum. Its technical focus is on improving user experience, implementing the first real steps toward account abstraction, and enhancing Layer 2 ecosystem support.
From a functionality perspective, EIP-7702 provides a low-friction path to bring smart capabilities to traditional EOA addresses — unlocking far more possibilities for wallet products and everyday users.
Although we’re still a ways off from fully modular wallets and large-scale account abstraction, this upgrade lays down a crucial foundation.
