Galaxy Digital on Ethereum Market Research Centerhttps://ethmrc.com/authors/galaxy-digital/Recent content in Galaxy Digital on Ethereum Market Research CenterHugoen-usThu, 15 May 2025 03:42:34 +0000The State of Ethereum Blobs and Blob Market Post-Pectra – Galaxyhttps://ethmrc.com/blobs-and-blob-market/Thu, 15 May 2025 03:42:34 +0000https://ethmrc.com/blobs-and-blob-market/<p>Ethereum’s recent Pectra upgrade, which went live on May 7, 2025, included EIP-7691, increasing the target and maximum blobs per block from 3/6 to 6/9 respectively. This raised the daily blob data capacity from approximately 5.5GB to 8.15GB, impacting the blob market, rollups, and validators. Post-Pectra, daily blob purchases by rollups rose to about 25,600, yet the average blobs per block remain below the new target, making blob costs virtually free for the first time since mid-April 2025. Consequently, the ETH burned from rollup data posting has significantly decreased.</p>