[Ethereum Fusaka Upgrade Causes Blob Base Fee to Skyrocket by 15 Million Times]
Liquid Capital posted on Platform X, stating that after Ethereum's Fusaka upgrade, the blob base fee surged by 15 million times. The core reason is that EIP-7918 introduced a 'minimum mechanism' for blob fees. Before the upgrade, blob fees had no lower limit and were maintained at 1 wei for a long time, resulting in nodes bearing costs without reasonable returns. After the upgrade, blob fees must be ≥ 1/15.258 of the L1 execution base fee, reflecting the true network cost, regulating blob traffic, and preventing congestion. Additionally, PeerDAS technology has enhanced blob storage capacity. Furthermore, blob fees are now included in the ETH burn mechanism, with future ETH burn volume expected to increase by 8 times, potentially accounting for 30-50% of total burn volume by 2026.