It’s been only a week since Ethereum’s Pectra upgrade went live, and we’re already seeing big results in the implementation of EIP-7691.

Let’s break it down.

A quick thread on how this proposal is making Ethereum more efficient, scalable, and affordable:

1/ Blob fees dropped to near-zero.

If you recall, we took apart about EIP-7691 in our Expainer series, and as we observe, before Pectra, median blob fees hovered around 1.43 gwei.

Now, they have dropped to 1 wei! The minimum possible.

This means much cheaper rollup operations and better UX for L2 users.

2/ Blob capacity doubled

Upgrade increased the target number of blobs per block from 3 → 6, and the maximum from 6 → 9.

Effectively doubling data availability for rollups.

More blobs = more space for Layer 2s to post data = greater scaling capacity for the entire ecosystem.

3/ Lower L2 utilization pressure.
The percentage of blob space being used fell from ~55% to ~40%.

This drop may reflect both improved efficiency in data packaging and a temporary decrease in demand.

Either way, the result is reduced congestion, fewer fee spikes during surges, and a seamless user experience.

In short: data posting is now cheaper, smoother, and more predictable.

4/ Pectra is doing exactly what it was designed to do. And this is just the beginning.

Big thanks to @EntropyAdvisors, @etherscan for surfacing early data.

Your breakdown helped quantify just how impactful this upgrade already is.

Source: https://dune.com/entropy_advisors/ethereum-pectra-upgrade