blob

According to records from forkcast org, the 172nd Ethereum Consensus Layer Core Developer Conference (ACDC) mainly discussed: successful activation of BPO2, Blob Target increased to 14, Limit increased to 21; EIP-8070 (Sparse Blob Pool) confirmed to be included in Glamsterdam; the proposal process for the Hegota headline proposal has been opened.

According to Cointelegraph, the second BPO hard fork of Ethereum has increased the blob limit to 21, thereby enhancing network scalability and reducing costs.

Ethereum Foundation Research Co-Director Alex Stokes tweeted that the Ethereum Blob Pressure Optimization proposal BPO2 upgrade has officially taken effect on the mainnet. According to real-time on-chain data, the target value for Blobs has been increased to 14 per block, and the maximum capacity has been raised to 21.

According to the Ethereum Foundation, BPO-1 has been activated, increasing the blob capacity per block to 15 and expanding L2 space without a hard fork.The Ethereum Foundation stated that BPO-2 will go live in January, further increasing capacity.

Liquid Capital posted on platform X: "After the Ethereum Fusaka upgrade, the blob base fee surged by 15 million times, primarily due to the introduction of the 'minimum blob fee' mechanism in EIP-7918 ------ Previously, there was no minimum limit on blob fees, which were stuck at 1 wei (almost free) for a long time, causing nodes to bear costs like KZG verification without reasonable returns; after the upgrade, the blob fee must be ≥ 1/15.258 of the L1 execution base fee, directly anchoring to the real network costs. This design allows the price to reflect actual resource consumption (avoiding free occupation of network resources by L2), and also regulates blob traffic through price fluctuations to prevent congestion, while the PeerDAS technology enhances blob storage capacity; in addition, blob fees are included in the ETH burning mechanism, which is estimated to potentially burn 8 times more ETH in the future, with a contribution of 30-50% to the total burn amount expected by 2026 (depending on the growth of L2 transaction volume)."

ChainCatcher news, according to the official announcement from the Ethereum Foundation, the protocol update 002 details the Blob data expansion roadmap. This plan aims to significantly enhance the data availability of Ethereum L2 systems, supporting scenarios such as real-time payments, DeFi, social media, and AI applications.Key updates include:The upcoming Fusaka upgrade will introduce the PeerDAS architecture, increasing the number of Blobs in a block from the current 6 to 48;Gradual growth of mainnet capacity through the Blob Parameter Hard Fork (BPO), theoretically achieving an 8-fold increase in throughput;Bandwidth optimization technologies such as "cell-level messaging" will reduce network redundant communication;The Glamsterdam upgrade (expected in mid-2026) will introduce PeerDAS v2, further expanding data availability;Ongoing research on Blob pool expansion and FullDAS technology to ensure core values of Ethereum, such as resistance to censorship, are maintained while scaling;This update marks a shift for Ethereum from the "fork-centric" concept to a more flexible incremental optimization strategy, aimed at accelerating the development of the L2 ecosystem.

ChainCatcher news, according to official sources, the newly appointed co-executive directors Hsiao-Wei Wang and Tomasz StańCzak have released a joint statement outlining their development priorities for the upcoming year for the first time. The statement indicates that the Ethereum Foundation will focus on three main areas: mainnet scalability, expanding Blobs, and improving user experience (including layer two network interoperability and application layer).The foundation will continue to uphold four core values: anti-censorship, open-source innovation, privacy protection, and security. The two executive directors stated that they will strengthen internal operations of the foundation, enhance developer and user experience, improve ecosystem coordination, and commit to maintaining Ethereum as a decentralized public good. In addition, the foundation will also strengthen collaboration with layer two networks to achieve synergistic development of the entire ecosystem through optimized architectural design and interoperability.

ChainCatcher news, Ethereum Foundation Co-Executive Directors Hsiao-Wei Wang and Tomasz Stańczak jointly published an article titled “The Next Chapter of the Ethereum Foundation”, which states that major directions have been set for the next 12 months, including scaling the Ethereum mainnet, expanding blobs, and enhancing user experience, including L2 interoperability + application layer. This means improving the interoperability and coordination between the mainnet and L2, UX, DevEx, allowing applications and L2 to gain more presence and attention at Devcon, and expanding their information through communication channels.

ChainCatcher news, Sony's L2 network Soneium has announced that it has fixed a critical op-node bug affecting the L1 blob base fee calculation. All Soneium Minato node operators must upgrade their node settings by March 20 to remain compatible with the network. This upgrade will not immediately affect Soneium developers or end users.

ChainCatcher news, according to The Block, the ETH supply has reached 120,521,523 ETH, an increase of about 383 ETH since the merge in September 2022. Presto Research analyst Jaehyun Ha explained that this inflation is mainly due to the Dencun upgrade implemented in March 2024.The blob transaction mechanism introduced by this upgrade uses a separate fee unit, weakening the original ETH burning effect, which may affect Ethereum's deflationary properties as "ultrasound money."DeSpread Research analyst Byoungjoon Kim pointed out that the recent meme coin craze has led to a significant shift of users and liquidity towards the Solana network, along with the emergence of numerous Layer 2 solutions after the Dencun upgrade, which has also impacted the Ethereum ecosystem.

ChainCatcher news, Ethereum founder Vitalik Buterin tweeted that L1 is scaling up, giving great praise to all developers committed to EIP-4444, statelessness, client efficiency upgrades, and other features that make higher L1 gas limits more friendly to decentralization.Pectra is expected to launch in March, increasing the blob target from 3 to 6, thereby doubling the capacity of L2. In its view, the blob target should be determined by voting among token holders, allowing it to increase with technological advancements without waiting for a hard fork.

ChainCatcher news, Fidelity Digital Assets pointed out in its 2025 outlook report that the Ethereum Blob fee mechanism will strengthen network effects and is expected to drive the expansion of the Layer 2 ecosystem.The report emphasizes that Ethereum prioritizes low fee strategies to retain Layer 2 projects, with more vertical Layer 2 solutions expected to emerge in 2025. Members of the Ethereum Foundation stated that near-zero fees are crucial for maintaining the Layer 2 ecosystem, and the growth in network adoption is expected to outpace the growth in token issuance.

ChainCatcher message, in the past two weeks, the number of blobs on Celestia has continued to increase significantly. The blob size on Celestia can interchangeably refer to the number of blobs published on Celestia.From June 20, 2024, to December 20, 2024, the average blob size on Celestia was approximately 1.18 GB. However, in the past two weeks, this number has nearly increased tenfold, averaging 11.4 GB. The nearly 10-fold increase in blob size may be due to the NFT minting that occurred during this period, as well as more projects choosing to use Celestia as a data availability layer.Similarly, during this period, the daily transaction volume on Celestia has also increased significantly. In the same time frame (from June 20 to December 20), the average daily transaction volume on Celestia was about 44,000 transactions. In the past two weeks, this number has grown by over 60%, with an average daily transaction volume reaching 71,000 transactions.

ChainCatcher news, Ethereum founder Vitalik Buterin stated on X that Ethereum core development needs to better prioritize. He pointed out that if he had to choose between "increasing Blob targets from 3 to 6" and "other improvements in Pectra," he would prioritize the former.Vitalik also mentioned priority suggestions for projects like Fusaka and G*, believing that Blob expansion remains crucial, but also emphasized the importance of improvements to the L1 layer EVM (Ethereum Virtual Machine), particularly the transition from EOF to full AA through EIP-7701, as well as the introduction of the SIMD+EVMMAX instruction set and a moderate increase in Gas limits.Vitalik also stated that "peerdas" exploration is underway and suggested trying a more ambitious version to further drive Ethereum's technological innovation and optimization.

ChainCatcher message, Ethereum has averaged over 21,000 blobs per day in the past two months, a trend that highlights users' growing preference for L2 scaling solutions.At the same time, the cost of the blob publishing process fluctuates based on network demand. According to data from GrowthePie, the fees associated with blobs on Ethereum reached approximately $4 million in the past month. These fees paid in ETH are burned, permanently removing these tokens from circulation and affecting their supply.Essentially, the popularity of blobs has had a significant impact on the Ethereum ecosystem, particularly its ETH burn rate. According to data from Ultrasound.money, in the past week, blobs became the primary source of ETH burn on Ethereum, burning 453.24 ETH, surpassing the amount burned by the largest DEX on Ethereum, Uniswap, during the same period (396 ETH).However, in the past 30 days, Uniswap remains the largest ETH burner, contributing 4,681 ETH, while burning 1,068 ETH through blobs.

ChainCatcher message, Ethereum protocol developer and Prysm maintainer Terence posted on the X platform that the Ethereum core developers meeting (AllCoreDevs) has reached a preliminary consensus to increase the blob target/max from 3/6 to 6/9, with specific implementation requiring further testing and results from the development network.

ChainCatcher message, Vitalik stated on Warpcast that the Blob has quietly "entered price discovery," with recent total fees averaging about 10 ETH per day.