In a rapidly evolving crypto landscape, wallets are no longer merely digital vaults for storing tokens. A recent 70-page report by Dune, titled “Crypto Wallets 2025: An Anthology”, reveals that wallets are now positioned at the very core of crypto’s expansion. Bitget Wallet, which shared insights from the report on social media, underscored one quote in particular:
“Wallets are no longer just tools; they’re the frontlines of crypto’s expansion.”
This shift in perception is more than semantic. As protocols become more complex and users demand smoother onboarding experiences, wallet innovation has become essential for scalability and mainstream adoption.
The Role of EIP-7702 in Driving Wallet Abstraction
One of the report’s most discussed features is the inclusion of EIP-7702, a new Ethereum Improvement Proposal aimed at improving wallet abstraction. Abstraction in this context refers to reducing the technical complexity users face when interacting with blockchains. By enabling programmable wallets that can execute bundled transactions or switch authentication methods dynamically, EIP-7702 could mark a turning point in user experience.
The proposal follows the conceptual legacy of EIP-4337 but aims to improve efficiency and developer tooling. It effectively decouples the identity layer from the traditional private key model, enabling features like social recovery, session keys, or even gas sponsorship in a more streamlined manner.
If implemented broadly, EIP-7702 could turn crypto wallets into adaptive, smart agents that act on behalf of users across multiple chains and apps.
Wallets as the New Interface Layer
The Dune report doesn’t just focus on technology; it reflects a cultural shift in how wallets are perceived. Far from passive storage tools, wallets are now becoming dynamic user interfaces that integrate trading, governance, gaming, and digital identity.
This evolution has also made wallets more politically and economically relevant. In regions where centralized exchanges face regulatory restrictions, self-custodial wallets offer a lifeline. Their growth may soon reflect not just technical innovation but also geopolitical necessity.
Favorite sections highlighted by readers include page 6, which reportedly explores how abstraction can decentralize the wallet stack further, and gives real-world examples from leading projects implementing wallet-native experiences.
What This Means for Developers and Users
For developers, the implications are clear: wallets must be built not only for security but also for flexibility and usability. Smart contract-based wallets and intent-centric design will likely become the norm.
For users, it means onboarding experiences are set to improve dramatically. Forget seed phrases and manually setting gas fees—abstracted wallets promise seamless, app-like interactions. However, with convenience comes new risks, particularly around smart contract bugs or third-party trust layers.
Conclusion
Dune’s report serves as both a wake-up call and a roadmap. As standards like EIP-7702 move toward adoption, wallets are poised to become the foundation layer of Web3 interaction. In 2025 and beyond, the wallet is no longer a destination—it’s the platform itself.
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