## Ethereum Interoperability Layer Innovation Accelerates: How a Unified L2 Vision Could Rewrite On-Chain Experience

**ETH Holds Steady at $3,100, Technical Breakthroughs and Price Rebound Progress Simultaneously**

As Ethereum's price repeatedly swings around $3,100, the Ethereum Foundation's Account Abstraction team has proposed a "major initiative"—what if all Layer 2 networks appear as a single unified chain from the user’s perspective?

Behind this hypothetical question lies a grand technical blueprint: building the Ethereum Interoperability Layer (EIL). During the Buenos Aires Ethereum Developer Conference, the team emphasized that future Ethereum should "have no bridges to consider, no fragmented balances, no chain name confusion." In other words, restoring the on-chain experience to the simplicity of a single chain while maintaining the foundations of decentralization and trust minimization.

## **Technical Solutions Driven by L2 Fragmentation Dilemma**

The current multi-chain ecosystem faces an awkward situation: while L2s significantly increase Ethereum’s throughput and reduce transaction costs, they also introduce technical complexity, cross-chain friction, and security risks. According to Chainalysis statistics, in 2022, user losses from cross-chain bridge hacks exceeded $2 billion, with most incidents occurring on L2 bridges.

Ethereum researcher Yoav Weiss pointed out that the current cross-L2 environment "resembles a centralized exchange"—full of bridging operators, relayers, sequencers, and opaque off-chain infrastructure. This architecture does not align with the original intent of decentralization.

## **How EIL Works: Understanding the New Vision Through HTTP Analogy**

Based on the ERC-4337 account abstraction standard, EIL enables users to perform cross-chain operations within a single wallet transaction, abstracting away underlying complexities. Users no longer need to manually switch chains, manage multiple balances, or understand bridge mechanics—everything is coordinated automatically by smart contracts.

The team used a classic analogy: EIL’s role for Ethereum is like HTTP for the early internet. HTTP made browsers a universal interface, evolving the network from isolated islands to seamless experiences; EIL makes wallets the hub of cross-chain activity, transforming the Ethereum ecosystem from multiple independent islands into a unified network.

The account abstraction team highlighted several advantages of this approach: simplifying user experience, enhancing compatibility with new rollups, supporting the maturation of multi-chain native dApps ecosystem, and significantly reducing developer workload.

## **ETH Price Rebound Faces a Critical Test**

Alongside technical progress, ETH’s price performance is also under close watch. According to the latest data, Ethereum is currently priced at $3.30K, with a 24-hour increase of +4.39%, indicating a slight market confidence rebound.

In the past 24 hours, liquidation data shows Ethereum experienced $98 million in liquidations, with longs accounting for $49.7 million. After touching a low slightly below $2,950, ETH is striving to hold above the $3,100 support level.

If the bulls successfully defend the $3,100 level, ETH could challenge the resistance at $3,470. However, if it falls below $3,100, the next support is at $2,850, and further down at $2,380.

Although the Relative Strength Index (RSI) remains below neutral, it shows upward momentum; the Stochastic Oscillator has also recovered from oversold territory. These signs suggest that short-term bearish momentum is weakening, and a rebound remains possible.