<ul><li>Ethereum's Pectra upgrade, live since May 7, has boosted staking, scalability, and smart wallet functionality.</li><li>Pectra reduced blob fees, doubled blob capacity, and enhanced Ethereum's scalability and rollup efficiency significantly.</li><li>ETH market cap rose by 42% post-upgrade, driven by investor confidence and increased interest in the futures market.</li><li>Smart wallet activity has surged with EIP-7702 allowing EOA wallets to delegate control to smart contracts, benefiting users with features like transaction batching and gas sponsorship.</li></ul>

Ethereum sees smart wallet activity spike as Pectra impact is felt

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