Ethereum charges much less rent from its tenants. 💸

A few days before EIP 4844:
Layer 2s Paid a daily $2.5 million Rent.

Now:
Less than 300k! 👀

Let's scale Ethereum! Layer 2 fundamentals and blockspace analytics. We are public goods funded. https://growthepie.xyz

Less than 300k on higher volume / tx count. Correct?

If Ethereum was a business, blobs would have been a poor commercial decision in the short term. Long term, it’s leading to much higher volume and net growth in market share - and hence a positive for Ethereum / ETH.