The ETH network has recently made a big move—Pectra upgrade has been scheduled, and the upcoming EIP-4844 data Blob mechanism has caused transaction fees to plummet by 90%. Transaction costs on Layer2 are now ridiculously cheap, only a few thousand dollars per transaction. Developers are thrilled; in the past seven days, the number of new contracts launched on the mainnet has surpassed half a million. Honestly, this doesn't seem like a typical rebound; it looks more like a new cycle's warning light has already turned on. With the ecosystem's enthusiasm at this level, how are your position deployments going?

ETH2,05%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
MultiSigFailMastervip
· 01-08 05:15
The cost is directly breaking the bank. I've been having a blast on L2 these days, haha.
View OriginalReply0
AirdropHuntervip
· 01-06 10:28
Thousands of dollars in transaction fees? Bro, did you type that number wrong? Layer 2 transfers don't cost nearly that much...
View OriginalReply0
SandwichDetectorvip
· 01-05 05:53
90% of the fees are slashed, this is really a positive signal, unlike some projects that boast every day.
View OriginalReply0
just_another_walletvip
· 01-05 05:53
Wait, are the fees really this cheap? I need to quickly move my idle funds to L2 and try my luck.
View OriginalReply0
DAOdreamervip
· 01-05 05:51
90% of the transaction fee drops, it would be outrageous if you still can't get on board.
View OriginalReply0
MerkleDreamervip
· 01-05 05:51
90% of the fees plummeting? I haven't even reacted yet, and someone is already making a killing on Layer2.
View OriginalReply0
GasWhisperervip
· 01-05 05:45
blobs just flipped the entire fee structure upside down... watched the gwei patterns shift like watching stars realign, and honestly? the mempool hasn't looked this clean in months. 50k+ contracts in a week screams inefficiency correction to me, not just hype cycling through.
Reply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt