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Ethereum’s latest upgrade Pectra is driving rapid adoption of smart accounts changing the way users interact with the network. Data from analyst 0xKofi shows over 26,000 wallets have adopted the new smart account standard EIP-7702 enabling traditional Ethereum wallets to function like programmable smart contracts. This allows automation of spending scheduled payments multi-step transactions and even paying transaction fees in tokens other than ETH. Users can easily activate these advanced features by authorizing smart contracts without changing their wallet addresses.
Ethereum mainnet leads adoption with 13,013 smart accounts followed by Optimism with 5,588 Binance Smart Chain at 5,261 Coinbase-backed Base at 2,851 and Gnosis with 229 accounts. Altogether these accounts have executed nearly 124,000 authorizations since the upgrade. Binance Smart Chain currently has the highest number of active smart contracts at 69 closely followed by Ethereum’s 66 while Base, Optimism and Gnosis have 37, 9 and 6 respectively.
Exchange and wallet providers are actively embracing EIP-7702. WhiteBIT leads with 6,922 authorizations followed by MetaMask’s 5,188 and OKX Wallet’s 3,452 showing growing institutional confidence.
