Yilihua: After Ethereum's Fusaka upgrade, the blob base fee surged by 15 million times

Odaily Planet Daily News: Liquid Capital posted on X saying, “After Ethereum’s Fusaka upgrade, the blob base fee surged by 15 million times. The core reason is that EIP-7918 introduced a ‘minimum guarantee mechanism’ for blob fees—previously, there was no minimum limit for blob fees, so they 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, blob fees must be ≥1/15.258 of the L1 execution base fee, directly pegging them to real network costs. This design not only makes prices reflect actual resource consumption (preventing L2s from using network resources for free), but also allows price fluctuations to regulate blob traffic and prevent congestion, while PeerDAS technology increases blob storage capacity. In addition, blob fees are now included in the ETH burn mechanism. It is estimated that this could result in up to 8 times more ETH being burned in the future, with blob fees possibly accounting for 30-50% of total ETH burned by 2026 (depending on L2 transaction volume growth).”