**Ethereum Foundation's Account Abstraction Team Releases New Vision to Transform Fragmented Multi-Chain into Seamless Unified Experience.** Coinciding with the Argentina Buenos Aires Ethereum Developer Conference, the Ethereum ecosystem welcomes a major technical breakthrough—the official announcement of the Ethereum Interoperability Layer (EIL). This plan, based on the ERC-4337 account abstraction standard, aims to make all Layer 2 (L2) applications perform as if on a single chain without differences.
The team presents a concise vision in its technical documentation: **"What if all L2s felt like a unified Ethereum? No need to consider cross-chain bridges, no need to identify chain names, no need to manage dispersed assets, how would that be?"** Currently, Ethereum has significantly increased throughput and reduced transaction costs through L2 networks, but this also introduces new challenges—technical complexity of multi-chain management, bridge security risks, and fragmented user experience. According to Chainalysis statistics, in 2022 users lost over $2 billion in cross-chain bridge hacks, most of which targeted L2 bridge protocols.
## How EIL Reshapes Multi-Chain Interaction
Ethereum researcher Yoav Weiss pointed out that the current cross-L2 environment is essentially composed of bridge operators, relayers, sequencers, and opaque off-chain infrastructure, operating similarly to centralized exchanges. The emergence of EIL aims to break this deadlock.
Based on the account abstraction standard, EIL empowers users to perform cross-chain operations within a single wallet transaction, while hiding the technical complexity entirely. "Users can transact directly on all chains; trustless liquidity providers support funds without directly interacting with users or seeing their transactions," Weiss further explained. This design principle is akin to HTTP protocol in the early internet—standardized to enable wallets to have browser-like functions, making the entire network appear as a seamless whole rather than isolated application puzzles.
The Ethereum Foundation's Account Abstraction Team listed the core advantages of EIL: significant simplification of user experience, compatibility with new rollups, native support for multi-chain dApps and wallets, reduced developer workload, and security with minimized trust.
## ETH Market Dynamics: Price Seeks Breakthrough Near Support Level
From market performance, Ethereum experienced a liquidation volume of $98 million in the past 24 hours, with long liquidations accounting for $49.7 million. **Currently, ETH price has rebounded to around $3.27K**, slightly above the previous low of $2,950 with a clear recovery.
On the technical side, if the bulls successfully defend the support at $3,100, ETH may test resistance around $3,470. Conversely, breaking below $3,100 could lead to a price probe toward $2,850 support, with further decline facing a key support at $2,380. Although the Relative Strength Index (RSI) remains below neutral, it shows signs of upward recovery; the Stochastic Oscillator has also rebounded from oversold territory, indicating that bearish momentum is waning.
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## Ethereum Ecosystem Upgrade Roadmap: How Interoperability Layers Reshape Multi-Chain Experiences
**Ethereum Foundation's Account Abstraction Team Releases New Vision to Transform Fragmented Multi-Chain into Seamless Unified Experience.** Coinciding with the Argentina Buenos Aires Ethereum Developer Conference, the Ethereum ecosystem welcomes a major technical breakthrough—the official announcement of the Ethereum Interoperability Layer (EIL). This plan, based on the ERC-4337 account abstraction standard, aims to make all Layer 2 (L2) applications perform as if on a single chain without differences.
The team presents a concise vision in its technical documentation: **"What if all L2s felt like a unified Ethereum? No need to consider cross-chain bridges, no need to identify chain names, no need to manage dispersed assets, how would that be?"** Currently, Ethereum has significantly increased throughput and reduced transaction costs through L2 networks, but this also introduces new challenges—technical complexity of multi-chain management, bridge security risks, and fragmented user experience. According to Chainalysis statistics, in 2022 users lost over $2 billion in cross-chain bridge hacks, most of which targeted L2 bridge protocols.
## How EIL Reshapes Multi-Chain Interaction
Ethereum researcher Yoav Weiss pointed out that the current cross-L2 environment is essentially composed of bridge operators, relayers, sequencers, and opaque off-chain infrastructure, operating similarly to centralized exchanges. The emergence of EIL aims to break this deadlock.
Based on the account abstraction standard, EIL empowers users to perform cross-chain operations within a single wallet transaction, while hiding the technical complexity entirely. "Users can transact directly on all chains; trustless liquidity providers support funds without directly interacting with users or seeing their transactions," Weiss further explained. This design principle is akin to HTTP protocol in the early internet—standardized to enable wallets to have browser-like functions, making the entire network appear as a seamless whole rather than isolated application puzzles.
The Ethereum Foundation's Account Abstraction Team listed the core advantages of EIL: significant simplification of user experience, compatibility with new rollups, native support for multi-chain dApps and wallets, reduced developer workload, and security with minimized trust.
## ETH Market Dynamics: Price Seeks Breakthrough Near Support Level
From market performance, Ethereum experienced a liquidation volume of $98 million in the past 24 hours, with long liquidations accounting for $49.7 million. **Currently, ETH price has rebounded to around $3.27K**, slightly above the previous low of $2,950 with a clear recovery.
On the technical side, if the bulls successfully defend the support at $3,100, ETH may test resistance around $3,470. Conversely, breaking below $3,100 could lead to a price probe toward $2,850 support, with further decline facing a key support at $2,380. Although the Relative Strength Index (RSI) remains below neutral, it shows signs of upward recovery; the Stochastic Oscillator has also rebounded from oversold territory, indicating that bearish momentum is waning.