Why has the
#Fusaka base fee on Ethereum increased by 15 million times in less than 24 hours after the
#blob upgrade?
It's not because demand suddenly exploded, but because —
#以太坊 finally stopped "giving away computing power for free."
Summary in one sentence
Blob fees skyrocketed, not because they became more expensive, but because they returned from "almost free" to "reasonable pricing."
Let's first look at how exaggerated the result is
Before the Fusaka upgrade:
blob base fee ≈ 1 wei
Equal to 0.000000001 Gwei
Basically free
Less than 24 hours after the Fusaka upgrade:
blob base fee 14 mi