The demand to transact on Ethereum layer 2 networks is on an upswing, as shown by a number of onchain metrics. In the last three days, the average number of blobs posted to Ethereum was 21,497, a record figure surpassing the previous sustained high i

Tim Robinson, Head of Crypto Research at BlueYard Capital, has unveiled groundbreaking simulations indicating that Ethereum’s implementation of “blobs” could be exceptionally bullish for the long-term price of ETH. In a series of posts on X, Robinson

After the Dencun upgrade lowered Ethereum fees, a recent surge in Blob fees was triggered by a major L2 token airdrop.

EIP-7781 would lower the network’s slot time, increase blobs per block, and help scale the main chain.

Ethereum's deflationary model is facing strain as transaction fees dwindle amid the introduction of "blobs" and evolving economic dynamics.