Chart of the Week Ethereum’s Pectra upgrade went live on 7 May, with the overhaul placing emphasis on user and validator experiences. For example, EIP-7702 allows externally owned accounts (EOAs) to temporarily upgrade to contract accounts, enabling users to enjoy benefits

such as transaction batching and gas fee sponsorship. According to Dune, 4,748 transactions were related to EIP-7702, and a total of 10,009 signed authorisations were created by EOA owners to delegate their account’s execution to a specific smart contract at the time of writing.