EIP-7702 Enables Wallets to Run Smart Contract Code on Ethereum

According to Decrypt, EIP-7702 allows ordinary Ethereum wallets to execute smart contract code. This change enables the capability for batched and sponsored transactions within these wallets.

The upgrade introduces functionality that permits non‑contract wallets—typically used by individual users—to run contract logic rather than merely store keys. As a result, wallet holders can initiate transactions that are either batched together or sponsored by another party through the integrated code execution.

EIP-7702 builds on existing Ethereum mechanisms but expands the set of actors able to perform transaction‑related smart‑contract operations directly from a wallet interface. The design aims to improve usability for everyday users while maintaining compatibility with current network behavior.