#PectraUpgradeEthereum Since the Pectra update, Ethereum is doing the splits: doubling its capacity without exploding its fees. The introduction of EIP-7691 now allows for the addition of up to 9 blobs per block. Result: a new data format that is both ephemeral and ultra-economical, already visible in the recent evolution of the network after the upgrade.
Indeed, blob fees have dropped from 16,000 $ per day to a few hundredths of a cent. This represents a decrease of 100,000 times, propelling rollups into a new era. Operating costs are collapsing, making some previously too expensive applications finally viable.
Ethereum is therefore gaining accessibility. Rollups, these layer 2 solutions intended to relieve the main network, can now serve themselves as needed. However, only 67% of the new capacity is actually being used, which reveals a still largely untapped potential according to Galaxy's data.
Crypto is evolving, but the adoption of this new logic of data remains gradual. Projects are still hesitant to bet everything on a technology in the testing phase.