Key Points: Pectra (Prague + Electra) is the largest hard-fork bundled upgrade since The Merge, comprising 11 Ethereum Improvement Proposals (EIPs) aimed at simultaneously reducing data costs, simplifying smart account operations, and optimizing validator operations. EIP-7691 doubles the Blob target capacity to six and raises the hard cap to nine. This reduces Layer 1 data availability (DA) gas costs to below approximately 1 Gwei, with swap fees on major L2s briefly dropping below $0.02. Now,...

In the five full trading days following Pectra's launch, the daily number of blobs purchased by rollups increased from approximately 21,200 to 25,600. Despite this, the average number of blobs per block remains 33% below the new target of 6. On May 7, 2025, Ethereum's Pectra upgrade went live on the mainnet. Among the series of Ethereum Improvement Proposals (EIPs) implemented, EIP-7691 proposed an increase in the target and maximum number of blobs per block. Blobs were introduced via EIP-484...

A Decade of Ethereum: At a Crossroads T his year marks Ethereum's 10th anniversary. Over the past decade, it has fueled DeFi's prosperity and sparked the NFT craze. Countless developers and idealists have converged on this chain to build and create narratives. However, in its 10th year, Ethereum stands at a critical juncture. New public chains are emerging, the narrative dominance is shifting, and its price has lost momentum in a prolonged adjustment. Stakes Concentration and the "Changing of...