Blog

Hi imToken friends, we’re turning 9! 🎉 From 2016 to 2025, thank you for being with us every step of the way. To celebrate this milestone, we’re launching the 9th Anniversary AI Creation Challenge — and you're invited! 🖌️ Create Your Web3 Journey with imToken Use AI to turn your imToken experience — your first transaction, a key moment, or anything in between — into a unique piece of work. Join now for a chance to win prizes — up to 400 USDT! 📅 Event Duration: May 20 – May 23, 2025 👨‍💻How to Join Use ChatGPT or any other AI tool to describe your story with imToken — e.g., wallet address, transaction history, token management. Turn your story into a work. The form of the work is flexible – it can be an image with text, a comic, a video, or an audio piece. Post your work in the campaign thread on X and submit your reward address through the form. 💰Rewards Top Creations 🥇 1st Prize: 400 USDT 🥈 2nd–3rd Prize: 100 USDT 🥉 4th–7th Prize: 50 USDT 🔔 Please submit your wallet address via this form to receive your reward.🏆 Winners will be announced and prizes distributed on May 28. 💡Comic Guidelines * Every comic should include the slogan: “imToken 9th Anniversary” Feel free to include imToken’s mascot bulu Bonus points: Add the year you started using imToken 👀 Reference image

On 14 May 2025 (SGT), the EOS Network Foundation rebranded EOS to Vaulta and announced a 1:1 swap of the EOS token for the new A token. imToken now supports this upgrade. Follow the guide below to swap your EOS for A tokens directly in your wallet.  Guide Before swapping, make sure your EOS account has sufficient resources. You'll need to rent them in advance. Steps: On your EOS account homepage, tap "Resource" in the function bar. Select "Rent EOS CPU", then tap "EOS Powerup." Enter your account address and tap "POWERUP" to rent resources for free. How to Swap? 1. Switch to your Vaulta account (prev. EOS account) and go to the "Browser" page. Type "unicove" in the search bar or visit: https://unicove.com/en/vaulta/swap/eosio.token/4,eos/core.vaulta/4,a 2. On the DApp homepage, tap "Connect Wallet" in the top-right corner. Select “imToken” and confirm the connection with your imToken wallet. Note: To change the DApp language, tap the menu bar in the DApp's top-left corner and select "Settings". 3. Scroll down and tap “Swap”. Enter the amount of EOS you want to swap or tap “Fill Max.”Then tap “Swap to A” → “Next” to confirm and send the transaction.  4. Once the transaction is complete, return to your Vaulta account homepage. Tap the "+" button, then select A token under “Popular Assets” to add it to your homepage. You can now view your received A tokens.  FAQ Q1: My EOS is currently staked. Do I need to unstake it before swapping?A: No. When you eventually unstake and withdraw your tokens, they will automatically convert to A tokens. Staking rewards will also be shown in A tokens. Q2: Do I need to swap immediately? What if I don’t?A: There’s no official deadline yet, but Vaulta recommends swapping as soon as possible to ensure full access to features across wallets, DApps, and exchanges. If you don’t swap, your EOS tokens will remain in your account, but utility and liquidity will gradually shift to the A token. Q3: Are there other ways to swap?A: Yes. You can also complete the swap by depositing your EOS into an exchange that supports the upgrade. 👉 Learn more: Vaulta Token Swap Instructions Vaulta official channels Official website: https://www.vaulta.com/ X (Twitter): https://x.com/Vaulta_ Github: https://github.com/VaultaFoundation/ Telegram: https://t.me/vaulta Risk Warning: The content of this article does not constitute any form of investment advice or recommendation. imToken does not make any guarantees and promises for the third-party services and products mentioned in this article, nor assume any responsibility. Token investment has risks. You should carefully evaluate these investment risks and consult with relevant professionals to make your own decisions.

The Ethereum Pectra upgrade was launched on May 7, 2025, at 10:05 AM UTC (epoch 364032) and successfully activated on mainnet just 13 minutes later. Pectra includes the highest number of Ethereum Improvement Proposals (EIPs) implemented in a single upgrade since The Merge in 2022, marking a major technical milestone. Continuing Ethereum’s long-term vision of improving scalability and usability, Pectra enhances network efficiency and user experience. It also lays critical groundwork for upcoming upgrades like Fusaka, which will introduce features such as Verkle Trees and PeerDAS. Pectra is one phase in Ethereum’s broader roadmap toward a more scalable, user-friendly blockchain. For the official announcement and livestream replay, check out: https://ethereum.org/en/roadmap/pectra https://www.youtube.com/watch?v=NbxaCZYtW-I How Does the Pectra Upgrade Affect Validators and Stakers? Streamlined Validator Operations: Large-scale stakers, such as staking service providers, can now operate more efficiently by reducing the need to deploy numerous small validators. This lowers both hardware demands and operational overhead. Improved Staking Experience: Validator activation is now more resilient, especially during periods of network congestion Greater System Flexibility: The upgrade improves system design to reduce failure rates across the board — benefiting both solo stakers and those using staking services or pools. 🔧 Key Technical Enhancements in Pectra  Building on the foundation laid by the Dencun upgrade—which introduced proto-danksharding via EIP-4844 in March 2024—Pectra delivers a wide range of improvements focused on scalability, usability, staking, and wallet functionality. ⚙️ Lowering L2 costs EIP-7691: Increased Blob Capacity Doubles the number of Blobs per block from 3 to 6, effectively doubling rollup throughput. This reduces Layer 2 data availability costs and leads to lower gas fees for users. EIP-7623: Increased Calldata Costs Incentivizes developers to move from calldata to the more efficient blob-based model, helping optimize data usage and support long-term scalability. EIP-7840: Dynamic Blob Limit Configuration Introduces on-chain flexibility to adjust blob limits based on demand—without requiring a hard fork—allowing Ethereum to scale more responsively. 🧩 Enhancing Wallet Capabilities through Account Abstraction EIP-7702: Temporary Smart Wallet Functionality for EOAsAllows Externally Owned Accounts (EOAs) to temporarily behave like smart contract wallets during a transaction. This major step toward account abstraction enables: Multi-step operations (e.g., swap, stake, bridge) in a single transaction Gas sponsorship by third parties Smart wallet functionality without switching wallet types or installing extensions 🔐 Improving Staking Experience EIP-7251: Increased Validator Staking Limit Raises the maximum staking limit, allowing large stakers to consolidate nodes. This reduces node count, cuts hardware and operational costs, and preserves security. EIP-6110: Faster Validator Onboarding Enables staking deposit data to be delivered directly to the Consensus Layer, bypassing Execution Layer sync delays and reducing bottlenecks during network congestion. EIP-7002: Execution Layer-Triggered Exits Enables validator exits to be initiated from the Execution Layer, simplifying the process and reducing operational risk. EIP-7685: Better Layer Coordination Improves communication between the Execution and Consensus Layers, enhancing overall staking performance and network efficiency. EIP-7549: Efficient Vote Aggregation Optimizes vote aggregation by validators, reducing peer-to-peer network load and ensuring scalability as validator numbers grow. 🛠️ Optimizing Contract Execution  EIP-6780: Restricts SELFDESTRUCT opcode Limits the use of the SELFDESTRUCT opcode after contract deployment, improving security and predictability while maintaining backward compatibility. EIP-5656: Introduces MCOPY for Faster Memory Copying Adds MCOPY opcode, improving memory copy performance and reducing gas costs for complex DApp operations. 🔐 Zero-Knowledge and Cross-Chain Enhancements EIP-2537: Faster Proof Verification Adds support for BLS signatures and efficient proof verification, reducing the cost and latency of privacy-preserving transactions on ZK-Rollups and cross-chain exchanges. EIP-2935: Extended Block History AccessExtends block history storage to 27 hours, aiding in cross-chain synchronization, debugging, and enhanced data traceability for developers. What’s Next for Ethereum? The future looks great with changes like PeerDAS coming in the following months. We should see Ethereum’s rollup capabilities scale significantly, further solidifying Ethereum’s role in the blockchain ecosystem. —— Gabriel Camargo Fukushima Sr. Blockchain Engineer II at Consensys Pectra could reduce ETH supply. —— Justin Drake, Ethereum researcher Ethereum blob fees have dropped to their lowest possible level since the Pectra upgrade. Ether’s success depends on base layer scalability, including further improvements in the rollup mechanism, and ultimately, a more seamless user experience. ——  Noam Hurwitz, head of engineering at Alchemy

To make tokens more accessible and easier to use, imToken has officially launched a brand new feature — Token Function, enabling one-click token management and seamless interaction. To celebrate the launch of this new feature, we’ve teamed up with sun.io and JustLend—two popular projects on TRON that have recently joined Token Function—for a repost giveaway event! 📅 Event Duration: Now – May 18, 2025, 15:00 (SGT) 🎁 Total Rewards: 1,500 USDT (TRON)🏆 Winners: 150 lucky participants will each receive 10 USDT How to participate: Repost the Token Function tweet Follow:@sunpumpmeme, @DeFi_JUST Submit your TRON wallet address on Galxe (for receiving reward) ✅ Complete the steps above to enter the draw! 150 lucky winners will be randomly selected to receive 10 USDT (TRON) each.📍 Event Link: https://app.galxe.com/quest/imToken/GCZ45tm2VF 📖 Learn more about Token Function：https://support.token.im/hc/en-us/articles/41600254949145

Hello everyone, I’m Nic, a blockchain developer at imToken Labs. Today, I’ll share how to build a safer and more user-friendly AA (Account Abstraction) wallet using ​Validation-Centric Design. Today's talk will be divided into three parts: How are AA wallets built today Validation-Centric Design Technical Challenges and Solutions ​1. How Are AA Wallets Built Today AA wallet, a smart contract wallet implemented through Account Abstraction technology, features core functionalities including: You can use Multi-Sig, Passkey or Email to authorize your transactions You can pay gas fee with USDC/USDT, credit card or even get sponsored You can recover your wallet if key lost or stolen You can authorize third party to perform actions on your behalf However, most AA wallets today follow an ​Account-Centric Design, characterized by: Account holds the user’s assets Account contains the validation logic, payment logic, recovery logic etc. Account is upgradeable (optional) Account is modular (ERC-6900, ERC-7579, etc.) This approach creates friction for users switching between AA wallets. Unlike EOA wallets, where users seamlessly switch wallets via private keys or seed phrases, AA wallets require users to ​create new accounts and ​manually migrate tokens between wallets.  This process is cumbersome, risks asset loss, and degrades user experience. Moreover, while contract upgradability facilitates feature enhancements and updates, it also introduces potential risks. Take the 2024 Ronin Bridge hack as an example—this incident highlighted the security vulnerabilities that upgradable contracts may pose.  At the time, the Ronin Bridge contract defined two initialization functions for v3 and v4. However, only the v4 initialization function was executed, while v3 was overlooked, leading to a contract vulnerability that resulted in a loss of approximately $12 million.   Such mistakes often stem from the complex challenges faced during the version iterations of upgradable contracts. Imagine a scenario where the latest version of a wallet has been upgraded to v2.0.0, but a user, Bob, is still using an outdated version, v0.1.0. How can his wallet be securely upgraded to the latest version?   This requires ensuring that every parameter initialization during the step-by-step upgrade process—from the old version to the final v2.0.0—must be executed accurately. For developers, this presents a significant challenge, as any misstep could lead to severe security vulnerabilities.   This also explains why, even for projects like Ronin Bridge, which are maintained by large teams of professional developers, it remains difficult to completely avoid errors caused by the complexity of upgradable contracts. ​2. Validation-Centric Design The core idea of an AA wallet built with Validation Centric Design is to separate complex functionalities—such as verification logic, payment logic, and upgradability—from the account contract, leaving only the most fundamental functions: asset holding and DApp interaction. By doing so, the account contract is significantly simplified, reducing its complexity and maintenance burden. The other complex functionalities are integrated into AccountEntry, which serves as the "entry point" for the account contract, handling all advanced logic.  Developers can focus on designing the AccountEntry contract, while users remain unaware of its existence and can seamlessly switch between different wallets without transferring assets. This design offers several key advantages: Secure iteration: Developers can deploy new contracts at any time (e.g., upgrading from simple signature verification to multi-signature + biometric authentication) without requiring users to migrate their accounts. Agile development: It supports rapid adaptation to new standards or frameworks, preventing legacy technical debt from hindering progress. Seamless user experience: Users can enjoy new features through the wallet interface without being aware of changes in the underlying contract. However, if the AccountEntry contract is designed to be upgradable and contains vulnerabilities, AA wallets built with Validation-Centric Design may still be vulnerable to attacks. Beyond these advantages, Validation Centric Design also introduces additional features that further enhance both user experience and development flexibility. Multi-Account Management With Validation Centric Design, users can easily manage multiple accounts. Due to the simplicity of account contracts, users can create multiple accounts, switch between them flexibly, and even control multiple accounts within a single transaction.  ​3. Technical Challenges and Solutions ​1. How to pay the gas fee? Since AccountEntry initiates transactions but holds no user funds, paying gas fees requires creative solutions: ​Option 1: Store user funds in the AccountEntry Contract. Drawback: Users must manually fund the contract. ​Option 2: Transfer funds from the Account Contract to the AccountEntry Contract during transactions. Drawback: Violates ERC-4337 rules and some bundlers don’t support  ​Option 3 (imToken’s Approach): Use ​Paymaster to prepay gas fees and later deduct costs from the user’s account. Advantage: Bypasses rule limitations. Challenge: Requires additional contract management and security audits. ​2. Not easy to view on explorer The Account is not the userOp.sender—the AccountEntry is. This makes it difficult for users to see which of their accounts executed a transaction. The same issue applies to Meta Transactions, contract wallets like Safe, and child/sub-accounts.  Current workarounds rely on custom wallet parsing to display user-centric transaction details. Thank you for your listening!

imToken unveils imToken Web, offering a seamless Web3 experience at the Web3 Coffee Carnival during Devcon 7. This initiative aims to integrate crypto into daily life, bridging the gap between blockchain technology and real-world use. Since the start of 2024, the Ethereum community has become increasingly aware that, while the underlying infrastructure is well-developed and a variety of rollup solutions are emerging to tackle the scalability issue, there remains a shortage of practical, consumer-facing applications. At EDCON 2024, Vitalik stated that while Ethereum focused on theory over the past decade, the focus for the next decade would shift toward building impactful, real-world applications. With the regulatory environment expected to improve, the ecosystem now needs to prioritize creating consumer applications that bridge the gap between Web3 and Web2, from liquidity integration to the development of new use cases. At Devcon 7, the community's growing sense of momentum and creativity around consumer applications is evident. So, what would a better user experience look like? Our answer is “Token-centric design” and here’s why: Tokens carry both information and value across the network. They embody the intrinsic value of blockchain utilities as well as digital assets. It’s intuitive to think—and true—that the most direct interactions, as well as the most direct value extraction, occur through tokens. Ethereum ushered in the era of smart contracts, transforming traditional tokens into dynamic, programmable assets. These tokens now go beyond simple value transfer and storage, becoming a novel type of data that evolves continuously, offering possibilities that extend well beyond the realm of text, images, and multimedia. Given their complex and dynamic nature, there is a need for precise, real-time information to detail their states and values—information that is best connected and displayed directly from the token's perspective. As tokens emerge as a new and effective means of storing, transferring, and growing value, it's essential to clearly articulate information about the token itself and the outcomes it can generate. imToken refers to this as "Token Function," which essentially defines what a token can do and the specific outcomes it delivers. This concept promotes an intent-based approach and makes token-centric design a logical evolution for navigating the complex, multi-chain, multi-state nature of tokens. Currently, accessing Web3 often means downloading and creating a wallet, which can be a barrier for newcomers. With imToken's token-centric approach, users start with tokens, seamlessly create accounts using AA (Account Abstraction) technology, and continue interacting with, managing, and operating tokens throughout the journey. A New Frontier: imToken Web Start your token journey! Explore tokens at imToken Web (https://web.token.im) and experience our new token-centric design. Note: imToken Web is currently in beta, offering users a preview of the token-centric experience. As the product is still undergoing rapid iteration, it may contain bugs or vulnerabilities. Please use with caution. imToken welcomes your feedback as we collectively explore the future of tokens.

Since launching the new account management model, imToken has continuously optimized account and token management for a smoother Web3 experience. In version 2.16.4, imToken introduces further enhancements for Ethereum and Arbitrum accounts, including the Token Function — a unified hub for managing tokens — and improved account records for greater transaction clarity, making asset management more streamlined and efficient. Ethereum & Arbitrum Account Updates: 💰 Token Function – One-Click Exploration of Token Features 📝 Enhanced Account Activity for Quick Access to On-Chain Insights Token Function: One-Click Exploration of Token Features imToken 2.16.4 introduces the Token Function for Ethereum and Arbitrum accounts—an all-in-one hub for seamless token management. Easily buy, trade, transfer across chains, manage approvals, and interact with DApps in one place. Just tap any token in your account, hit the Token Function button, and choose your action for streamlined control. 🔺Steps to use the “Token Function” button Enhanced Account Activity for Quick Access to On-Chain Insights The latest imToken update improves Ethereum and Arbitrum account records. Tap “Activity” to quickly access your transaction history, including type, time, amount, and status at a glance.Select any transaction to view detailed info like network, gas fees, and instantly jump to a blockchain explorer for deeper on-chain data. 🔺Steps to view Ethereum account activity Other Updates imToken 2.16.4 also introduces UI enhancements for a smoother wallet experience. The filter feature on account and token history pages has been temporarily removed as we redesign it for improved usability—it’ll be back in a future update. How to Update Android users: You can download from the official website https://token.im or your favorite App Store (Google Play). iOS users: You can download from the App Store. If you encounter any problem during the process, you can email the subject "Download" to [email protected] to get the latest version of the imToken App. Always Backup Your Keys Before upgrading, please ensure you backup all your wallet identities properly. Write your mnemonic phrase on a piece of metal or paper, and store it in a safe place. Please refrain from sharing your private key, mnemonic phrase, or keystore with anyone! If you find potential hacking activities in imToken, kindly email us at [email protected] to prevent more people from being deceived. Finally, remember to visit our Help Center at https://support.token.im/hc/en-us for more detailed information about imToken. Download imToken: Google Play | Apple App Store Follow us: Twitter | Support | token.im

Hi everyone, I’m Jason Cui from imToken Labs. I’m really glad to be here today to talk about how account abstraction unlocks new applications. Today’s talk is divided into four parts. First, I’ll explain what account abstraction actually is. And then, we’ll walk through some exciting new applications unlocked by its three key components — verification, execution, and gas abstraction. So, what exactly is account abstraction? To answer that, let’s take a step back and see what a blockchain account really is. A blockchain account is the interface between the user and the blockchain. It tells us three things: who can use the account — that’s account verification,what the account can do — that’s account execution,and how gas is paid — that’s fee payment. Traditionally, users interact with the blockchain through EOAs. These accounts are quite limited — they rely on a fixed verification method (usually ECDSA signatures), can only be triggered directly by the user to call a single method on a single contract, and always require gas fees to be paid upfront in ETH. But account abstraction changes the game. It allows for programmable verification, supports both self-executed and externally triggered transactions across multiple methods on multiple contracts, and enables fee payment — you can pay before or after execution, and using custom tokens, or even completely free if sponsored. This added flexibility unlocks a wide range of innovative applications. Let’s start by looking at some use cases of Verification Abstraction — it allows us to rethink how we prove ownership of an account. Instead of relying solely on ECDSA private keys, we can now use passkeys, which offer a similar level of security as hardware wallets, but with better user experience and no need to manage seed phrases. We can also imagine accounts being controlled through email. Since email is widely integrated into Web2 services, using it to manage accounts could make onboarding much easier and help bridge the gap between Web2 and Web3. Furthermore, we might even see AI agents have their own accounts — not just making them more decentralized, but turning them into fully independent digital entities that can manage assets and interact with the blockchain by themself. Verification abstraction also enables more flexible permissions. Instead of giving full access all the time, users can now grant limited or temporary access to applications using session keys or sub-accounts. It allows applications to act on behalf of users for certain tasks, without needing approval for every single transaction — which is especially helpful in on-chain games or automated DeFi, where too many prompts would ruin the experience. Another powerful feature is account recovery. Since the verification logic is programmable, developers can build in ways to recover accounts if keys are lost or stolen — something that’s not possible with EOAs. Now let’s look at what Execution Abstraction makes possible. A great example is cross-chain execution. Right now, most cross-chain protocols just move assets around — that’s because EOAs can’t be triggered externally. But with execution abstraction, we can send not just assets but also instructions. Executors can trigger the user’s account on the destination chain and carry out the transaction on behalf of users. Another exciting capability is batch execution. Instead of sending multiple separate transactions—like approving a token and then making a swap—users can bundle those actions into a single transaction. This not only saves gas, but also improves composability and user experience.   Even more exciting is the ability to combine actions across multiple DApps. Today, users are limited to the features offered by DApps. But with Execution Abstraction, they can mix and match functionality from different protocols. This unlocks a whole new market — batch strategy markets — where users can create or adopt batches to execute complex strategies. Now let’s move on to Gas Abstraction. Thanks to gas abstraction, gas fees have become much more flexible. Users can now have their fees sponsored based on who they are—or what they do. Users can also pay gas with stablecoins like USDC, making it much easier for newcomers to get started. Even better, users don’t have to pay gas upfront. With deferred fee payment, the transaction goes through first, and gas is paid afterward. That’s huge for onboarding — new users can just click a link, get their assets, and use them to pay for gas, no ETH required in advance. It also lets users pay gas with tokens received from a swap — so arbitrage traders no longer need ETH to cover fees. Privacy protocols benefit as well. Right now, withdrawing from a privacy pool requires sending ETH to the destination address in advance, which can expose the user. But with gas abstraction, users can withdraw first and then pay fees using part of the withdrawn assets — keeping their identity private. And that brings us to the end of the presentation. I hope this talk has helped clarify what account abstraction is all about — and how it unlocks new applications through verification, execution, and gas abstraction. Thanks so much for listening!

From Telecom Standards to Blockchain In today’s globalized world, whether for travel or business, people expect seamless network access across different regions. Unified technical standards enable mobile phones and networks from different providers to work together effortlessly. Despite variations in technical standards or frequency bands, they adhere to common protocols, ensuring global compatibility. The blockchain space, too, requires similar standardization efforts to achieve seamless interoperability. The State of Ethereum: A Fragmented User Experience In 2020, Ethereum co-founder Vitalik Buterin introduced a Rollup-centric roadmap, sparking rapid growth in layer 2 technology. This advancement has significantly lowered transaction fees and increased processing speed, offering a vital solution to Ethereum’s congestion challenges. Think of Ethereum’s mainnet as a busy highway, responsible for transaction security and execution. As traffic increases, congestion becomes inevitable. Layer 2s act like overpasses, expanding capacity to ease congestion while securely settling transactions on the mainnet. However, interoperability between layer 2s remains limited—like overpasses without proper connections, making it difficult for transactions to flow seamlessly. This fragmentation disrupts the user experience and hinders Ethereum’s broader ecosystem growth. Ethereum Layer 2 Ecosystem Map New Technologies for Seamless Connectivity The Ethereum community is driving innovation with solutions like Interop (a cross-chain communication protocol) and the Open Intents Framework, designed to enable seamless interoperability between layer 2s. These technologies allow users to transfer assets across layer 2s within a single wallet and complete transactions in seconds. As a leading wallet in the Ethereum ecosystem, imToken collaborates closely with the community to enhance user experience through technical innovation. At ETHTaipei, imToken invited around 200 blockchain developers to test its Send via Link feature on imToken Web. This feature allows users to create an on-chain red packet without knowing the recipient’s address. They simply deposit tokens and share a link via social platforms like LINE, Twitter, or Telegram. When the recipient clicks the link, a smart contract wallet is instantly generated using a passkey, enabling gas-free, mnemonic-free token claims. Traditionally, entering the Ethereum ecosystem required users to understand mnemonic phrases, creating a high entry barrier. Claiming airdrops or transferring tokens also required ETH for gas fees, posing challenges for users with insufficient balances. imToken Web removes these barriers with gas abstraction, allowing users to claim tokens without paying transaction fees. This dramatically improves accessibility and usability. Additionally, Send via Link transforms token transfers by leveraging social networks rather than requiring wallet addresses—turning tokens into a form of social currency for red packet gifting, community rewards, and beyond. Streamlined Cross-Layer 2 Token Transfers with imToken Web imToken Web greatly simplifies cross-layer 2 token transfers. Users can specify the recipient's network in two ways: Address + Prefix: For example, op.imtoken.eth indicates the corresponding address of  imtoken.eth on Optimism. Manual Selection: After entering imtoken.eth, users can manually select the network for the transfer. Previously, transferring tokens between layer 2s—such as from Arbitrum to Optimism—required using a cross-chain bridge and ensuring the Arbitrum account had ETH to cover gas fees. With imToken Web, users can pay gas fees with any token in their account. During the ETHTaipei event, imToken even covered the gas fees, enabling users to initiate transfers without paying. Plus, users can directly select the recipient’s network on the transfer page, streamlining the process. Next, we’ll continue to build on our technical strengths and innovate on the UI to provide an even smoother user experience. Why Ethereum? Despite facing challenges, Ethereum remains one of the most dominant ecosystems in the blockchain space. Currently, the total value locked (TVL) in the cryptocurrency market stands at approximately $286 billion, with Ethereum (including the mainnet and layer 2 networks) accounting for 60% to 70% of this total. This shows that the majority of tokens in the market are still concentrated on Ethereum. Blockchain TVL Distribution Ethereum’s stablecoins alone have reached $120 billion, representing nearly 54% of the total stablecoin market ($224 billion), with a consistent upward trend. Whether by asset size or user base, Ethereum continues to lead as the largest ecosystem in the blockchain space. We believe this market dominance will unlock significant opportunities for Ethereum. Furthermore, as layer 2 network fees continue to decrease, the use of stablecoins on Ethereum is expected to expand. While there is some fragmentation between Ethereum’s DeFi, DApps, layer 2 networks, and wallets, the integration of cross-chain communication protocols (Interop) can seamlessly connect these components. This integration will enhance ecosystem efficiency, improve user experience, and drive broader adoption. Looking Ahead The goal of technology is to lower barriers, not create them. Through innovations like imToken’s on-chain red packets, gas-free transfers and gas abstraction, we aim to transform blockchain from a tool for tech enthusiasts into an accessible, inclusive financial infrastructure—much like the internet evolved from a niche technology to a universal tool.  When blockchain technology truly integrates into social, payment, and collaborative activities, inclusive finance will move from an ideal to a reality.