Pectra features already in use: Ethereum EIP-7702 wallets roll out

Quick Summary:

Source: Trust WalletRelated: AI and account abstraction keys to mass Web3 adoption: X Spaces recap with Plena FinanceAmbire’s take on the updateAccording to an Ambire announcement shared with Cointelegraph, key features users can now enjoy without switching accounts include a crosschain by default architecture, with one dashboard showing balances on all chains.

Pectra introduced Ethereum Improvement Proposal (EIP) 7702, a change that Ivo Georgiev, founder and CEO of self-custodial smart wallet Ambire, described as “the single greatest UX upgrade to Ethereum so far.” Ambire is among the wallet providers that have already rolled out support for the new features since Pectra went live yesterday.

The firm’s CEO, Eowyn Chen, said:“EIP-7702 changes the game.”Trust Wallet promises its users will be able to pay fees in tokens that are not Ether and bundle multiple actions in one transaction, for instance, approving, swapping and signing a transaction all at once.

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Article Details

Author / Journalist: Cointelegraph by Adrian Zmudzinski

Category: Crypto

Markets: United States

Topics: Wallets Trust Ambire Wallet Upgrade Users Pectra Accounts Features Account Existing

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-08 @ 11:35:49 (16 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 523 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28491407

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