This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
Ethereum’s Pectra upgrade has drastically reduced blob transaction costs, making layer-2 networks significantly cheaper to operate. However, the increased data burden is forcing smaller validators to merge with larger operations, raising concerns about centralization.
- Blob transaction costs dropped from ~$16,000 daily to a fraction of a penny post-Pectra upgrade, boosting layer-2 network efficiency.
- Validator consolidation is increasing due to higher data processing costs, potentially decentralizing Ethereum further.
- ETH's price surged 27% in May, peaking near $2,800, reflecting strong market confidence in Ethereum's upgrades.
📎 Related coverage from: decrypt.co