Yi Lihua: Ethereum Fusaka upgrade caused blob base fees to surge by 15 million times.

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 Liquid Capital posted on platform X: "After the Ethereum Fusaka upgrade, the blob base fee surged 15 million times. The core reason is the new blob fee 'floor mechanism' introduced by EIP-7918 — previously, the blob fee had no minimum limit and was stuck at 1 wei (almost free) for a long time, causing nodes to bear costs like KZG verification without reasonable returns; after the upgrade, the blob fee must be ≥ 1/15.258 of the L1 execution base fee, directly anchoring to the real network cost. This design allows the price to reflect actual resource consumption (avoiding L2 free usage of network resources), adjusts blob traffic through price fluctuations to prevent congestion, and the PeerDAS technology increases blob storage capacity; additionally, blob fees are included in the ETH burning mechanism. It is estimated that in the future, 8 times more ETH may be burned, potentially contributing 30-50% of the total burn volume by 2026 (depending on L2 transaction growth)."
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