The document proposes a new design for 7-bit to 3-bit counters that uses multiplexer-based full adders (MFAs) to reduce delay and power consumption compared to existing symmetric stacking counter designs. It presents the design of an MFA-based 7:3 counter that replaces the XOR gates in conventional full adders with multiplexers to minimize critical path delay. This MFA counter is then implemented and tested in a Wallace tree multiplier architecture. Simulation results show the MFA 7:3 counter achieves lower delay of 7.981ns and uses fewer logic resources compared to a symmetric stacking 7:3 counter. Overall, integrating the proposed MFA counters into the Wallace tree multiplier reduces its delay and power consumption