$ETH Fusaka upgrade took less than 24 hours, blob fees skyrocketed by 15 million times
jumped directly from 1 wei to an average of 14.7 million wei, reaching nearly 20 million wei at the highest
Why is it so intense?
Because EIP-7918 set a "minimum wage line" for blob gas fees
Before the upgrade: fees could be as low as 1 wei, almost free
After the upgrade: fees ≥ (L1 execution base fee) / 16
This means:
Nodes are no longer operating at a loss to validate KZG proofs, prices return to real costs (KZG validation is 15 times more expensive), the network can control blob traffic with prices
And a deeper impact:
ETH burn may increase by 8 times (blockworks simulation), in 2026, it may increase by 200,000 to 400,000 ETH burned annually (bitwise analysis), PeerDAS doubles capacity, but the fee market is finally normal
In simple terms:
L2 can no longer enjoy free storage and validation, must pay "reasonable rent"
This is a healthy adjustment for the Ethereum ecosystem
