Ethereum has seen a sharp increase in the adoption of “blobs” over the past months, significantly impacting the blockchain network burn dynamics. Blobs are temporary data packages that store large amounts of data off-chain. They were introduced with the EIP-4844 and designed to enhance Ethereum’s scalability by optimizing layer-2 operations without burdening the main blockchain. … Continue reading Ethereum’s blob adoption sparks rise in ETH burns, surpassing Uniswap