Mar 28, 09:42 AM

Cryptocurrency Market Sees Rise in Blob Gas Fees, Consensus Layer Fees Nearing 50% of Execution Layer Fees: CL Fees $378,230, EL tx fees $904,366, Median CL costs $11.89

Blob gas fees are on the rise in the cryptocurrency market. Recent data shows that a specific price point is driving up fees, setting a floor price for blobs. The total Consensus Layer fees paid are nearing 50% of total Execution Layer blob transaction fees, with a significant increase in costs over the last 24 hours.

#Consensus Layer #Execution Layer

Written with ChatGPT (GPT-3).

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Zack@ZackPokorny_
2 years ago
Total blob Consensus Layer fees paid quickly approaching 50% of total Execution Layer blob tx fees Currently... Blob CL Fees📦: $378,230 EL tx fees (+ priority fees): $904,366 Median blob CL costs at $11.89 over the last 24 hours... they were around $0.000000001 48 hrs ago https://t.co/XjEPMkotBB
Primev | preconf.eth@primev_xyz
2 years ago
Only took 2 weeks for the blob gas fee to exceed the base gas fee 👀 https://t.co/xb2N77bTbL
koeppelmann.eth 🦉💳@koeppelmann
2 years ago
What you can see here: First Linea used a lot of data, insensitive to the block base fee causing a huge spike in fees. Now inscriptions fill up blob usage until a very specific price, effectively setting a floor price for blobs. https://t.co/afrQU4FAbD https://t.co/dscypGtGzs

Cryptocurrency Market Sees Rise in Blob Gas Fees, Consensus Layer Fees Nearing 50% of Execution Layer Fees: CL Fees $378,230, EL tx fees $904,366, Median CL costs $11.89

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