ERC-4337 Smart Account Adoption Called 'Sobering' Despite Growth
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Ethereum account abstraction advocate John Rising shared “sobering” adoption figures for ERC-4337 smart accounts.
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Monthly account retention for ERC-4337 smart accounts has been just 6.89% over 6 months.
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The average ERC-4337 smart account has only sent 5 user operations.
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Jesse Pollak of Coinbase pushed back on the "sobering" characterization, citing healthy growth.
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Dune Analytics data showed a peak of 420,000 active ERC-4337 accounts in August, declining to 143,000 in October.