Bitget Wallet Launches EIP-7702 Detection Tool After Ethereum Upgrade
Bitget Wallet launched a detection feature for EIP-7702 shortly after the Ethereum Pectra upgrade. This upgrade enables Externally Owned Accounts (EOAs) to function as smart contracts, allowing features like stablecoin gas payments and third-party fee sponsorship.
EIP-7702 Significance
- Enhances blockchain interaction efficiency
- Lowers technical barriers for users
- Users can confirm wallet connection to EIP-7702 and disable it easily
- Focus on user safety amidst advanced wallet capabilities
- Future updates will continue supporting EIP-7702
The COO of Bitget Wallet emphasized the need for improved visibility and control in adopting these features, ensuring user confidence.
Market Response
Post-upgrade, a long-term Ethereum whale sold 18,700 ETH, worth about $34.11 million. The whale, who acquired approximately 76,000 ETH during the 2015 ICO, began transferring assets to Kraken after a 20% price surge, with ETH currently priced at $2,351.10.
This selling activity highlights new trends within the Ethereum ecosystem potentially attracting investor interest.