
The upgrade that worked too well: Ethereum's blob fee paradox
Dencun slashed L2 fees by 98%. L2s are thriving. But Ethereum L1 earned $6,000 in blob fees one week in March 2025. The scaling solution created a revenue crisis.
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Dencun slashed L2 fees by 98%. L2s are thriving. But Ethereum L1 earned $6,000 in blob fees one week in March 2025. The scaling solution created a revenue crisis.