The upgrade has drastically reduced blob transaction costs from approximately 16,000 USD daily to a fraction of a penny, boosting the efficiency of layer-2 solutions. Alongside, there has been a 33% increase in blob usage, creating both opportunities and challenges for Ethereum.
Ethereum’s price increased by 27%, peaking near 2,800 USD. However, the demands of increased data processing costs are prompting smaller validators to merge with larger entities, potentially affecting market centralization.
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