Ethereum

1/ As Ethereum mainnet was successfully upgraded to Dencun 7 days ago, the community and L2's dream of low fees has materialized. 

One week post-implementation of blobs:
▪️ Blobs saved 96.10124 ETH or $325k during this period, signaling just the beginning.
▪️ The total number of blobs has reached 50K.

2/ The total number of blob transactions has reached 24.679K. 

Mar 14 saw the highest activity, likely as major L2s finalized their set up for using blobs, which was not always optimal 🙃

There are now 15.718K blocks with blob transactions. Compared to the first day, the number of blobs per block has increased.

Ethereum Segment Lead at everstake.one | ETH Staking

3/ The distribution of submitted blobs has seen a more balanced spread now, yet Starknet remains the frontrunner, with over 14k submitted blobs.

Starknet team is working on eating less blobs. This has paid off by moving from 80% of all blobs from Starknet on March 14, to 28% on March 15 and 14% as of today!

4/ Highly recommend these dashboards:

▪️ @hildobby's dashboard on Dune for insights into blob submitters share, number of blobs per block, and more: dune.com/hildobby/blobs
▪️ For real-time data: blobscan.com
▪️ Different blob metrics: app.metrika.co/ethereum/dashboard/gas-and-fee-markets?tr=1d

5/ Keep in mind, EIP-4844 marks just the beginning of the blob era!

Let's embrace the upgraded Ethereum world with blobs!