Adoption of EIP-4844 Blob Reduces L1 Costs by Over 90% for Most L2
As a result of this substantial cost reduction, L2s have been able to lower the gas fees charged to users. As a consequence, the cost of conducting regular transactions, such as ETH transfers or Uniswap transactions, on most L2s has also decreased by over 90%
According to Odaily, the implementation of EIP-4844 has led to a significant reduction in L1 costs for most L2s. Data provided by crypto analyst Kofi on platform X shows a decrease of over 90% in L1 costs. These costs include gas and blob fees for batch publishing transactions, as well as gas fees for transaction verification.
As a result of this substantial cost reduction, L2s have been able to lower the gas fees charged to users. As a consequence, the cost of conducting regular transactions, such as ETH transfers or Uniswap transactions, on most L2s has also decreased by over 90%.
It is worth mentioning that Manta, Orderly, Lyra, Hypr, and Aevo have chosen to publish batches on Celestia, instead of using the EIP-4844 blob. This decision by these entities indicates that while the EIP-4844 blob has been beneficial for many, there are still some who prefer alternative methods for their operations.
