According to PANews, the Ethereum Pectra upgrade introduces the EIP-7702 proposal, which has been called by the founder of the smart wallet Ambire as 'the most significant user experience upgrade in Ethereum to date.' This proposal allows existing accounts to temporarily possess smart contract functionality, enabling users to benefit from account abstraction advantages without needing to create a new address, including unified asset management across chains, Gas fee sponsorship, and programmatic trading. Ambire and Trust Wallet have been the first to deploy support.
Trust Wallet announced that its AA solution supports batch transactions and third-party Gas fee sponsorship functionality, allowing users to enable it without resetting their mnemonic phrase. The CEO stated that EIP-7702 will drive wallets to evolve from 'static key managers' to 'smart agents.' Ambire emphasized that its solution is fully self-developed, integrates the Li.Fi cross-chain aggregator, and claims to be able to prevent phishing attacks, with future support for AI agents to automatically manage DeFi positions.
