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Ethereum Layer 2 fees drop 90-95% after EIP-4844 upgrade cuts data costs with blob space

Protocol Fundamentals
27 Jul 2026
Crypto Daily
View Source
Bullish
pluang ai news

Ethereum Layer 2 transaction fees have fallen by about 90 to 95 percent following the March 2024 Dencun upgrade, which introduced EIP-4844. This upgrade created a new, cheaper data storage method called "blob space" that rollups use instead of costly calldata, significantly lowering costs for batch posting transactions. Enhanced compression, smarter batching, and competition among Layer 2 providers also contributed to the fee drop. However, fees still vary by transaction complexity, time of day, and demand for blob space, and could rise again if blob capacity is overwhelmed or if ETH price increases. Users should check live fee aggregators and consider factors like liquidity and bridge safety when choosing an L2 for transfers or swaps.

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